I have a PhD in Theoretical Chemistry/Quantum Dynamics... https://pubs.aip.org/aip/jcp/article/142/24/244112/74387 ... and I literally designed and built my own house off of 30A in Florida ... https://www.scenicsir.com/homes/242-Blue-Gulf-Drive/Santa-Ro... ....

Look into local market trends, property management needs, and the level of involvement you’re comfortable with.

I’m comfortable sacrificing a bit on revenue in exchange for steady cash flow, lower expenses, and fewer headaches.However, if you come across a standout property with a pool and great amenities in Scottsdale, it could be very beneficial during spring training or for bachelor/bachelorette parties.

A "one night allowed" booking will put you almost as high as IB, but you can then decline any one night booking that you do not feel comfortable with. 

Not everyone has the time and ability to do that and not everyone feels comfortable turning over control.

Issue the loan to the borrower's entity (LLC).Either be available to receive a call or return the call as swiftly as possible when the borrower comes calling.Allow the borrower to have multiple open loans simultaneously (if all parties are comfortable with it) to help the borrower grow their business.Have loan products that help the borrower to expand their investing options in relation to ground-up construction and/or multifamily.Have staff that are knowledgeable to investing that can assist and understand the borrower's concerns or requests.Just a few that come to mind. 

CU TXBank of TX FrostExpert Law TexasSpecial aspects of Home Equity Loans in TexasThe Texas legislature has passed laws that are designed to protect homeowners and their families, and the state did not even allow home equity loans until 1997.

Nowadays there are an abundance of platforms such as Buildium and DoorLoopWhen you get to a certain unit count, it's worth switching to Appfolio.Try to pick a solution that you can grow into and you feel comfortable with their platform

We wanted a house hack where we could live comfortably and relatively mortgage free for a few years, so we could save more to invest.

Hi @Andrew Acuna,I understand your initial question and I agree that for some the first answer is "Hire a PM" which is a useless answer when placed in the "Landlord forums and rental property" forum. because the forum is designed to ask questions relating to the act of being a landlord.