I have not previously applied for a loan that encompasses both the business and the real estate.

So now, let's apply the same reasoning to any industry of your liking within the residential home maintenance world...where IS the line?

(At that point, you would review the loan with an attorney who would advise you if it is necessary to board the loan with a servicer licensed in that state.)FINAL THOUGHTSNo matter which scenario you choose, it’s helpful to use a high-quality loan management software program to keep track of your loans.Additionally, even if you are using a servicing company, you owe it to yourself to know what they’re doing and how the income is being applied.

@Jason Conner I have applied construction loans for newly created business.

If you’re serious about a STR you should start researching markets, understanding local regulations that may apply and then looking at properties and running the numbers.

. ❤️‍🔥.How accurately does this apply to you?

You can apply to remove PMI early if the equity is there. 

Honesty is the best policy", doesn't really apply in our opinion, to the landlord-tenant relationship, as a tenant will lie to an owner in a heartbeat, when things aren't going their way. 

I think if these commissions are not paid to the broker's office but applied toward the closing cost for the buyer they should not be taxable income even if the buyer is a licensed agent.

I just gather tips and concepts and learn on my own and apply it to my market.