Using a 1031 Exchange we were able to defer capital gains taxes and upgrade to the VRC.

For flipping I recommend using a hard money loan.

Hi Choon,As @Andrew Kiel, mentioned, there are various costs involved other than the rehab, from closing, title, escrow, appraisal, lender's fee and carrying costs depending on if you are using a short-term loan.

Tenants save money when using a shared meter, so there's plenty of room for error when calculating how to distribute the charges.

If you have an auto liability that is ending is less than 10 months, then it will be excluded from your DTI.If you are using a DSCR loan to purchase, it won't matter as personal income, DTI, and employment are not considered for being approved for the loan.Cheers!

Are you using a property management software?

He did not like the idea of using a third state.  

If you're running a short term rental, you might consider using a manager that will take care of cleaning as well as bookings etc. 

I am looking to use that expertise to build a strong real estate portfolio using a multitude of strategies.

Carrot is great, you'll see we're using a Carrot site and one of my posts is titled, "How to Take Your Investor Carrot Site to No. 1 on Google in 6 Months," but it's not nearly enough to do this SEO thing well and Carrot really oversells the quality of the service they're providing.