We added a yard game area/hot tub/pool/etc.

We have our team lined up and are ready to go, and we are adding value to the real estate community through our website, meetup, podcast, and educational content we share internally within the community we learn through continuous education/experience.

For your initial investment, focus on finding a good property without the added complexity of an LLC.

STR during peak and MTR during offseason is probably a good way to maximize your rent.But I'm just adding my two cents on MTR when its the sole renting model that some people have.

@Alexander Phillipslike the others i am struggling because while i sympathize with you, none of this is really adding up...i'm also worried about what you putting "full trust" in your mentor means.sounds like you need to print a copy of your contract out, read it, get out to the site in person, and sort this out. 

Hi Jason, For conventional loans concerning rental properties reported on your PERSONAL tax returns, underwriters will calculate your net rental income based on your Schedule E from your most recent tax return (using Fannie Mae form 1038), depreciation and depletion can be added back in to offset the expenses of the property.  

I charge a 5% late fee, ( you could charge a flat fee, based on the rent)cthat is added to their rent.

These lenders typically cover the purchase and rehab costs because they’re more focused on the value of the property than your personal financials.Rehab: Use the borrowed funds to fix up the property, adding value by making necessary repairs or improvements.

We are planning on adding my brother to the LLC.

Adding on...We had 10 units at one property in TX cancelled overnight.