BP has various tools to help you analyze your deals (rentals, flips, wholesale, etc). : https://www.biggerpockets.com/investment-calculators7.

BP has various tools to help you analyze your deals (rentals, flips, wholesale, etc). : https://www.biggerpockets.com/investment-calculators7.

Also, I didn’t know I could look up lenders outside of that tool.

You can be sure that your investment would be protected when you use the right tool in the righ way.

My application is electronic, which in itself is a huge screening tool, and it also automatically manages criminal and credit checks.

What tools and methods you use to screen tenants before accepting their application?

What online tool (eg LegalZoom etc) are you using to form your LLCs for your short term rental?

Since you have no significant debts and manage your finances well, your existing financial data from tools like Fidelity’s Full View should be sufficient.

I also help folks setup their own via:- HELOC - home equity line of credit which is a decent pay check parking facility/tool/product - interest is based on average daily balance per month- AIO "All in One," loan which is one of the better products to practice pay check parking to greatly reduce your daily cost of interest since it combines a checking account (routing # & account #), has caps to the rate unlike HELOC's (lower risk), and is a line of credit based on interest only (1 month Libor + 3.25-3.75% margin).- Commercial lines of credit - CLOC's - simple interest based on rate/365 similar to AIO but the account does not sweep each night there is a min interest monthly payment similar to a HELOC (AIO sweeps daily at 12:01 AM) The strategy can be done with some other vehicles too like personal lines of credit but the problem is personal lines generally have a really high interest rate so I dont recommend using those.

The LLC is definitely a great tool to have though not entirely needed.