On the flip side, entering the short-term rental market demands caution due to tough competition and changing rules.Flipping the basement could be a game-changer, but you'll need to handle construction costs, time commitments, and market uncertainties.

He says he doesn't want anyone who isn't committed and persistent and patient. 

Before committing, make sure the sponsor you’re buying from has a great performance record.

That's our commitment, and that's the direction we're headed.

I've somewhat committed to the idea of 3 drawer chests in place of nightstands on each side of the bed, but even those are not cheap and don't save you that much compared to 2 nightstands plus a shared dresser per room.

Just be sure to carefully review the title commitment and understand all the exceptions. 

Do you find that people send lenders a couple of properties to get DSCR loan approval for, or do people just commit to one property early on and go for the DSCR loan?

I am commited to purchasing my first propery this year.I look forward to connecting with the BP community!

For this purpose, the SEC defines “the date of first sale is the date on which the first investor is irrevocably contractually committed to invest.”

I've found the RE community to be super collaborative and supportive.It can be a little overwhelming at first, but if you're committed and use the resources available, I'm sure you'll succeed!