Short Term Rental Properties Investment blog has been updated with a dynamic approach to elimination of debt and usher the audience into the arena of DIY investment strategies.

Remember, a 3% appreciation rate on an all cash property with no debt provides a… 3% return (not counting cash flow).

We are using a Debt service coverage ratio (DSCR) loan.Lessons learned?

Lenders typically look for a minimum DSCR of 1.2 or higher, meaning your property's income should cover 120% of your debt obligations.

A few have had investor equity along with mine.If you have more cash than available deals, there is no reason to take on debt.  

for DSCR = Annual Net Operating Income / Annual Debt-Service in a refinance deal (1) is the Annual Net Operating Income just gross rents?

I was recently laid off and have accumulated about $20,000 in credit card debt, primarily from paying last year's property taxes and covering a few months of living expenses.

Using a service to report rent debts to Credit Bureaus can be very effective at recovering those debts because it can impact their credit report and score for years to come, typically 6-7 years depending on location. 

Finding these deals and being involved will take a lot of time and college has the risk of adding heavy debt.

Deposit all business income and pay all of your business debts through that account.