If I were in your position starting out at a young age I would focus on building my credit score first.

Not at all.... the rent is based on the market rate, so if the units are all different...size/location/lay out/age etc etc... they would have different markets rates.

At 12 to 18 months of aging, I may look to cash out on this one.What are others seeing??

Its the less aggressive model but it was programed into me from a young age, keep your business risk separate from the things that you need to live (home, car, food, etc.). 

The closest comparison would be bourbon street for college age kids, but bourbon street may need to up its game.  

And keep in mind, in this day and age, one can argue such an action become criminally liable.

This flexibility lets investors scale their portfolios without being tied down by traditional income verification, which is a huge advantage for those actively building wealth through real estate.I’ll check out that BP article, thanks for the recommendation!

As for the refi side, DSCRs are an excellent tool to utilize as they are based off the property, not you as the borrower, so no DTI hits / personal income verification required.

We lucked into a rehab project and successfully run a short term rental in Bell Buckle TN. It has approximately $200,000 in equity and currently cash flows about $1500/mo ( we split this cash flow and equity 50/50 wit...

A more typical rule of thumb is to budget 10%–15% of gross rental income for maintenance and repairs over the long term, depending on the property’s age, class, and location.