Also, I think it will be difficult to not have the buyers try to turn me into a custom home builder if they're securing the loan.

I work with mobile home dealerships and many of their customers end upgrading to new homes while selling their used homes.

The point I am making is the decision the GP makes is circumstantial and very specific to the fact pattern of their particular deal and to tie back to my first post in this thread, who that decision maker really is is important. 

When I was working for banks and did financial planning for customers, we used 3.1% as an assumption.

Steve Ellis is absolutely incredible, his customer service is hands down best in class.

@Ryan RuncheyAside from DIY approach and the outsourcing approach, there is a middle way, and it may be just be the golden path for many newer investors.There are companies that will set up your account, customize it according to your needs, train you on how to maintain your own books, and help with support or troubleshooting when problems arise. 

Years.Now there are a few things you can do as a customer to be smart....1) make sure that the proposal and SOW are very detailed and nothing is left out.

Yes, because I think they have the most important foundation of doing what’s right for the customer.

However, a STR is not considered a rental activity (section 469 of IRS code) if your rent it 7 days or less on average customer use and therefore not passive for tax purposes. 

If you scour a number of the videos, you should see that pattern hold up throughout.