Due to the nature of the shorter lease terms, I am spending an excessive amount of time updating my Excel spreadsheet, MLS, business website, Airbnb, VRBO, and other platforms.

Definitely open an LLC if you haven’t done so already and once you have a couple under your belt, you will have lenders lining up for your business.

Having the seller carry a second is not a problem for the first, as long as their business with you is finished and the loan has closed.

If you're busy running a ranch and raising a family, you don't want calls at 11 pm to unclog a toilet.

I live in Phoenix and my business partner and I put on a couple local forums for investors like yourself to network.

I'm the sole manager of the business and the properties.

I have found enough business and made enough money not to need to expand outside of this market.Section 8 is a whole different ball game but I find the program is unique in that it's a 3-party relationship adding the variable of a government agency.

It's a business - acquiring/building, managing, and growing a business. 

Quote from @Matthew Cook: Dig into those comps with a realtor doing business in that market.

For example, it is not unusual for me and my business partner to buy 4-unit buildings for about $250k and be able to rent them out for $4,000+/mo.