On the downside show the lowest occupancy where you still cover all costs and P/I.  

STRs sound like too much work to me.Portfolio income = stock dividends, interest income (from banks, credit union etc), Master Limited Partnerships (Form K-1), Business Development Companies (Form 1099), bonds, interest earned from investing in a real estate debt fund, interest earned from being a private lender

You can also structure your offer with I know at least a 2% seller credit so that you can be paid at the closing table when you're buying. 

You will make less per transaction and get less credit, but you will understand all the systems and have clients.

How many tenants NEVER work on fixing their credit, so they can:1) More easily qualify for better rental homes?

Saving money I assume, if that's the case what does it matter if you're getting bids and going with the lowest bid or are you going with a contractor you know and trust?

The investor's theory behind his suggestion was to use the 500k loan to wipe all debt and only pay on the new loan, I'm not sure if this would be advantageous financially due to my current debts monthly payments set at: LTR = 1900MTR = 1500HELOC= 550Vehicle = 850Total = 4800 monthly At current loan rates for 500k, and a 800+ credit score be a lower monthly than the $4800? 

I wanted to consolidate banking to a credit union as I am investing much more in real estate and SMBs.

Once you have three done, and you continue to bring good deals, and your credit stays where it is, and you've exited all three previuos deals no problem, then now you can get 85%/90% LTC.Rates? 

I'm building my credit so I can buy my first property.