Whether it's a private chat group, email support, or regular check-ins, make sure there’s a way to get ongoing help.7.

I will do my regular due diligence when dealing with a new partnership and any deals they find. 

@Holly Thorsen see above for potential challenges tapping your equity in the rental.You only need 5% down for a regular mortgage, 3% down for an FHA mortgage - so why don't you have the funds?

.- It costs me me less to turn over my 1500 SF units that rent for $3k/m then it does the same size section 8 unit because the property is cared for better and experiences less  wear and tear while fixed costs like cleaning and painting are easier to absorb. 

Most successful STR owners I work with in the Pocono's/Lake Wallenpaupack PA utilize only someone to clean, and a few local handymen.

I make my regular interest-only payments for the first 7 or 8 months, and my interest-only period lasts 5 years.

That will probably be your best bet, to buy a fixer and get it cleaned up and then rent it out.Best wishes and good luck with your endeavors.  

It's pretty common practice to have something like that in a property management agreement, and if it falls under that limit they're going to pay it and not notify the owner except in regular monthly updates because it is below the threshold of what is an ordinary expense in the course of business.

Whenever I show the property, I try to make it as clean and organized as possible so that it looks appealing to whoever is interested.

DSCR loans are not that low and regular hard money loans will be in the double digits.