Potential residents can tell if the owner/operator authentically cares about providing that A+ experience, and they will vote with their wallet regarding where they stay.So going back to my original sentence, here is where my grace runs out.

@Clay Hall, I like a HELOC on my primary residence as an emergency fund, and wish I’d had that extra money when I got started, simply as reserves.  

Great thanks @Michael Smythe, in your experience can you itemize the tenants that have the Resident Benefit Package? 

No one can 100% answer you what you can do here.The one general question I would give my opinion on is if the resident is responsible to pay for the damages, do no wait to use the security deposit.

The main difference here is your clientele/residents.  

Irs determination “You're considered to use a dwelling unit as a residence if you use it for personal purposes during the tax year for a number of days that's more than the greater of: 14 days, or. 10% of the total days you rent it to others at a fair rental price.”

Investment Info:Single-family residence fix & flip investment in San Juan Capistrano.

Hey my name is Julian Frazier, I am a nineteen year old resident of Cincinnati, Ohio.

My wife and I own a condo as our primary residence, we owe 216k on it.

I currently reside in CO so looking to invest remotely.ThanksHi Mathew, I would also recommend looking into the Columbus OH market if you're planning to do BRRRRs.