The way that I think about these things is as follows: what things will hurt the value of the property and/or annoy the neighbors and/or get me fined if I assign to the tenants and they don't do it.1.

As much as investors tend to complain about realtors, I'd strongly suggest that YOU need one since you sound very new to the game.

I also see where you’re coming from regarding the no state income tax—it can sound great, but when property taxes offset any savings, it loses appeal fast.

The potential for a loan call is higher and higher with sub to the more parties you involve if that makes sense.Trying to take down four homes sub to and then do remodels to them all, and then list them on short-term rental sites, and get full permitting and ok for not just the STR, but for your renovations and all prior renovations maybe done without a permit, while on subto, sounds like a pretty big mess to me.I would consult with a sub to specialist and prepare for the potential of having all the loans called at some point.

.- Does anyone think this is a sound idea?

Sounds good, thank you!!

@John PipitoneIt sounds like you want to rent your place for more than 180 days?

I think the idea of owning your house at all costs has had it's day in the sun and people are waking up to the fact that renting is often times the financially sound decision.

Congratulations on launching Mindful Real Estate Partners, and it sounds like you and Matt have had an incredible journey so far!

- Some tenants are to worried about you getting annoyed and kicking them out (and section 8 accepting landlords can be hard to find) so they might not want to bother you for small or big issues and that can hurt you later on when things are more expensive.