If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

With exception of the accountant, these individuals did not go to college with these careers in mind.She can use my properties to suppliment her income without a lot of work and, in my opinion, have a lot of fun doing it.

It has a lower turnover than STR but can bring in higher rent than traditional leases.Co-Living Arrangements: Renting rooms individually on a month-to-month basis could generate more income than a single long-term lease while reducing management hassle.Furnished Long-Term Rental: A furnished rental could allow for higher rent and attract tenants who don’t want the STR commitment but still value flexibility.Partner with a Local Boutique STR Manager: Some local companies manage STRs with lower fees than Airbnb's traditional managers and could help keep profits up without 20% fees.Hope that helps you with your decision!

Preferably since we are younger sponsors we initially avoid high octane bridge loans, instead vying for capitalizing renovations with equity and a 5-yr fixed rate loan.

I know this may be an individual decision ultimately, but what types of land did you purchase, or what regions, or what characteristics and why?  

I've found you can negotiate a flat fee service at a slightly higher cost if you prefer consistency of cost over the risk.Fees - not typically large but transaction and back fees can add up in to the hundreds, if not thousands depending on volume and plan type.Income - additionals.

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

I was wondering if any of you more seasoned individuals had any tips/tricks for a newer guy like myself.

Most everyone has their own preferred streaming services now and it's easy to log in to your own accounts anywhere you go.

This is an amazing space to meet many very smart individuals.