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

Given California's hostility towards landlords, you would also need enough cash to weather some long evictions.  

It's not difficult (shouldn't take long) to get flood insurance quotes (NFIP & private) if you work with a good agent.

We do a new FULL lease every time because laws change, terms adjust, and it's negligent to do anything less.

Hey @Eric Andersen, so there are a lot of regs in the DFW area.https://www.fortworthtexas.gov/short-term-rentalsRentals are not allowed in residential districts: A-#, AR, B, R1, R2, CR, C, D, UR.Dallas recently banned STRs in single family homes but there was an injunction that blocked it.

💪Flipping in C-D areas is smart for avoiding long-term headaches, especially when it's not worth the upkeep.

Hard money and private investing are both ways to finance flips, but they work a little differently.Hard money loans are typically from companies or private lenders that specialize in short-term, high-interest loans.

I took too long to make some decisions regarding design and it slowed me down.

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USUALLY a water department can tell you how long the water meter has been running constantly.