Always gonna be a whole bunch of cheap old houses with a whole bunch of people on Section 8 ready to rent them.

Proper time tracking and logs are critical for demonstrating compliance with this rule.I've only seen one person with a W-2 qualify for reps, and that was from a tax court case where people had to come in in person and attest to his hard work.

So it's listed for $79 on the hotel site, and $189 on Airbnb, if it gets booked on the hotel site AirDNA will just use the Airbnb price of $189.But most people have prices the same, or at least similarly close, across platforms.

Jimmy Napier, 40 years ago, told me that 95% of people do not really understand the concept.  

I haven’t done my first deal yet, but through hiring a local contractor to build my personal residence I had this idea that I don’t hear people talking about.

Lots of people rent houses for parties as well, and you won’t be able to do anything about it.  

I just wanted these people out fast, so I could get some new tenants.

I know some people use TransUnion SmartMove.

McElhannon: I'm curious on peoples go to approach to secure financing for an investment property - use a broker? 

Typically people charging for that service are doing it because they need the money...if you catch my drift.