Any business could do this with their services and the savings would certainly justify the additional effort.But if you take advantage of the new law, wouldn't the renter do the same?

@Bo Bond- That's great info. 

There are a lot more details that go into two VA loans and the downside but transitioning into a conventional loan on the  investment refinance will save you a lot of frustartion down the road.  

@Eric BilderbackAgree with you, and to your point - if you buy something today that puts you in a stressed out position, you can't / shouldn't count on anything saving you - like a huge jump in rents or a big decrease in rates so can you refinance. 

Obviously do your own research before asking people on Facebook, but just another way to connect with hosts and see what they do and how they file those STR taxes and maybe some additional helpful info. 

Brandon, Thanks for the info! 

I have some money in my savings account but not a lot.

You don't need to save up $100K or quit your job today in order to become a successful investor. 

I rented it out to save the house when I move out and I'm out of pocket $1,300 every month towards the mortgage.

Working with a mortgage broker who specializes in investor programs can be helpful for better terms as conventional loan product lenders generally don't have the best DSCR terms.More info on DSCR loans: DSCR loans won't use your income to underwrite the loan.DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.