I manage my own short term rental and have one cleaner who does all turnovers and another individual who cuts the grass every two weeks.

You want two individual loans to get much better terms.

For example, in 2024, as a single individual, you make less than $146,000 MAGI, you can make a full contribution to the Roth, $230,000 if married filing a joint return.

Far too many I have seen go many years with no retirement and then try to play catch up. 

Some times in a slow market and we need to attract tenant to sign a lease, we throw in some of these items because the cost of individual items is less than we lowering the rent by even $50 a month ($600 a year).

And many more...Look forward to hearing back and hopefully meeting some like-minded individuals to bounce ideas off of!

- and finally once you do this, realize it will never even be close to how it actually plays out in real life, but it can serve as a guide for what sort of money you may need to save up to try and actually accomplish something like this.

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.

Lacey asked for $20K for furnishings and another $10K to convert the garage to a play room and add a pool heater.

You keep the note in play and you do a second .