I would also caution if you are intending on a vacation rental be very cautious of the individual town restrictions.

Be extremely cautious when processing your next applicant, this one seemed doomed from the start.

., funding, management, deal sourcing) based on strengths.Bylaws to Include: Cover profit/loss splits, decision-making processes, buyout clauses, and what happens if the partnership ends.

Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.

Welcome to BP - I'm sure you'll learn a lot here and connect with other individuals who have the same interests!

The screening process plays a big role in the odds of collection.

There is nothing about how long you need to occupy the property for.So unless our lender puts a demand on us I see no problems legally in occupying each property for any amount of time to fulfill the requirement, then rinse and repeating this process up to our full entitlements, so long as the lender is willing to keep giving us loans.

And then if you get a squatter in a pro-tenant law city, it'll be a long process to get them out. 

If you're lucky, you'll get some money from him and can consider it a bonus.I recommend you tighten up your process.

I’m excited to join this platform and connect with like-minded individuals passionate about real estate and investing.