Short-term rentals are booming right now and offer a great way to generate income quickly.The key is to take that first step, do your research, and believe in your ability to make it work.

Referencing another recent post, there's not a great software solution that I am aware of for on-boarding a new MTR resident.If you aren't already, I would make sure you disclose to a potential resident any relevant issues that are endemic to a unit as early as possible.

A prudent investor doesn't seek quick riches through shortcuts.

Quote from @Bruce Woodruff: Yes I agree with Bruce, I had one done about 2 years ago now for a client that got me fully on board with having my clients do them all the time.

I'm on board 1000%!!! 

Creating a scope of work is the key to estimating rehab costs.

Property management execution is key.

Rod, you're in a strong position with your credit, equity, and income, and the key now is optimizing your financing strategy to scale efficiently while maintaining liquidity and leveraging smartly.The offer from your local bank isn’t bad, particularly because it provides the opportunity to convert your portfolio into a commercial loan, which would free up your DTI and allow you to scale further.

.- Inform your tenants about the proper use of the dumpster.Each tenant should be responsible for taking out their own trash on the designated collection days, but having a common dumpster is usually more convenient and cost-effective.Remember, clear communication with your tenants is key.

You'll find turn key properties anywhere.