They already are given their utility allowance on a debit card instead of via direct payments to the utility companies, and lo and behold, none of them magically ever have enough money to pay their utilities, but they have plenty to host parties drink smoke get llegal pets that trash the place far beyond what the security deposit covers...so I can't imagine how much money is getting pissed away in Florida.

You can reply off-thread via PM if you prefer. 

They then pay me via Zelle.

Most DSCR lenders are not reducing the gross monthly rental income for vacancy or expenses, they are just taking the gross figure determined by the appraiser via a 1007 or 1025.

Property shark, prop stream and attom data are pretty popular.You can find a recently renovated property that has sold via zillow.

Now I guess the OP could make the argument he stepped into the shoes of the 2nd DOT holder but I'm not sure that works when you obtain title via a Trustee's Deed since there are no warranties. 

Hi, my LLC is about to start a rehab on a future STR lake house that the LLC will manage via rental arbitrage. 

Purchase price: $130,000 Cash invested: $28,000 Purchased this one via 1031 exchange out of a SFH.

@David Smith I was lucky enough to get a proposal from TV host on spike TVs to handle operations via a management contract.

note if you did not have the cash to purchase via traditional Means, this could provide an option where few options exist.