The real concept should be buy a good house in a good area, pay it down to where it's a low monthly payment in a 3-7 year time frame through recasting + pre paying mortgage. 

Hi Mike - I have automated messaging for several points throughout the guest pre arrival and arrival and check out process, however I supplement that with my own messaging such as asking about restaurants or if they want to stay an extra night.

Usually if they have a RAFT pre-approval letter that states their approved then you know they at least went through some kind of screening process. 

I would also consider what is your target audience, is it bachelorette parties, wedding guests, wine tour guests, casino goers, etc?

I’m in the process of getting pre-approved to purchase a turnkey duplex.

Usually we are very good at pre-qualifying and asking the right questions to avoid such situations with investors. 

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Pre-Shutdown, they did not.

@Erik Heldt- thanks - sounds like a decent well thought out strategy .As you cant use your  VA eligibility for a rental purchase - make sure that you  get fully pre approved with a lender before you begin looking  so that you are  educated / organized and  prepared to make an offer when you locate a property . 

I have an office in Old City (Center City) and invest in student rentals (175 student beds).I would be happy to connect with you on a gameplan to build your portfolio and getting pre-approved!