On the flip side, if you get a tap on your shoulder for a deal as a preferred buyer then you would have more time to make decisions. 3) I am a big believer of getting funds lined up before looking for deals. keep in mind, everyone is looking for a deal and the hard money lenders as well.

When you're just starting out it's nice to not have a mortgage on your shoulders if a renter bails.

Then restart the cycle again and again until each guy has 5 cash flowing properties worth $1million and $200K cash, 100% OPM (because the banks shoulder it).  

We had a deal, and she was feeling much better now that the stress of this house (and her criminal grandsons) was off her shoulders.

Dig in up to your shoulders.

I recently had shoulder surgery which put me at home for a couple weeks during recovery.

So on open house day, he's waiting in the kitchen, more like lying in wait, with a big gun strapped under his shoulders.

I have rubbed shoulders with some accountants to know that January through April is Christmas and to be patient with them.

You seem like you have a great mindset and head on your shoulders, just keep going.

I am sure someone has used this strategy, but I would think tough to make much money doing it.I think this strategy is mostly for people who own a vacation home and hope to reduce the costs.So they can stay for the holidays in a vacantion destination...Hawaii, Ski Resorts, Florida...and then rent out the shoulder seasons to cut the costs...not specifically to make money.There could be a few exceptions to this like San Francisco and New York were cost of entry is very high, but some people seem to have been successful turning old rentals into AirBnB type accommodations that would generate much higher revenue.There are issues with these as well where both the governments and often neighbors are not thrilled about turning their mostly owner/occupied condos into short term rentals.The main short term rental locations I know about in NC are at the beaches...but you have to figure out if the season is long enough or profitable enough to cover the rest of the year.