We use Appfolio for our long term, but I think you need a minimum of 100 units now, which is sad.

@Justin FondrenIf your credit score is in the 700–730 range, you're in a great position to secure favorable loan terms.

We're also able to evaluate our rates, and keep pace with inflation, on a monthly and quarterly basis because of shorter term leases. 

Just in case.Ultimately whatever correlates with your future plans but a solid way to build long term wealth.

My guess is that's probably around 50% to 100% of the amount of capital initially raised when this deal went out.This scenario is illustrative of the risks of short-term loans. 

To throw a wrench into things, if we were talking about real property/structures that were being short term rented, it's possible/likely that your depreciation period would be 39 years, not 27.5.However, a vehicle - which is what an RV is, regardless of how you're using it - is 5 year property.

In my mind sub to is for short term .. long term rentals is very problematic for many reasons. 

What are your Loan terms and P/I relative to the cashflow after taxes?

Is this structure standard, though, in terms of capping investor returns at 12%?  

New primary mortgage will be about $2500 a month, old house that I will rent out long term is $1000 a month.