If a wholesaler can still profit while provided “full disclosure” and adhering to the rules and regulations of real estate licensees then they’ve earned their profit.   

Lease Terms: Determine a monthly rent payment that covers the HELOC repayment (interest and principal) while providing some positive cash flow for you.                    

Secondly, short-term rentals provide flexibility for owners, allowing them to potentially use the property themselves when not rented out.

The listing agent is not providing any services, just the MLS listing.

If she is getting close enough to thinking that there will be an income disparity, she will stop at nothing to compel my husband to provide income documentation.All finances are joint except for the rental, which I keep rents for in a separate checking account and track spending for.

If you provide any kind of substantial services like catering, car service, etc you will change you tax situation and no longer can file under Schedule E.

They only do Memphis and Little Rock and may provide you with the end result without the hassle if you like that market.

I hope to never need the umbrella insurance, but it provides peace of mind that I have extensive coverage.  

Could you provide more details on how to get started with this approach?

For full time management rates can range from 20-30% of gross revenue depending on the level of services provided.