@Margaret Dreesen1) You typically cannot use the SD to cover damages while the tenant is still living in the property w/o the tenant's written approval.2) Even if tenant agrees, not a sound business strategy as now you have nothing to cover possible damages when tenant moves out.3) Filing a claim on your own insurance is also business-foolish, as now your claim will track you in the insurance world for about 5-7 years and if you have another claim - may lead to cancellation or spike in premiums.4) Tenant is 100% responsible for the damages!

Rental Arbitrage DOES work but they operator needs to have a track record. 

The seller would have to carry a very large second mortgage and this point will stop many deals in its tracks... but it's not impossible and it would definitely work if you can get the seller to agree to carry a large second.The other high LTV scenario would also involve a hard money lender and instead of cash we can cross collateralize with other real estate you own assuming there is sufficient equity in said holdings.The challenge in this scenario would be the cost of the hard money... it may be workable on the 140 units, assuming you are getting a good enough deal on place.

For a performing loan, it appears you are on the right track as its just the cashflows in vs. out.

I only track the mileage driving to specific properties.

Both resources can help you find reputable property managers with proven track records.Additionally, my team has put together a guide with tips on how to hire the best property manager.

@Kiefer CheneyTo do well in real estate, learn well, set clear aims, gather a team, check out deals, pick a main area, go for it, keep on track, and learn from slip-ups.

The Trustee of the trust is typically listed on title to real property, so while that may provide you some anonymity, you have to ask if you really want to track down that person to sign documents related to your real property? 

Or if you keep track of the rehab you do, then I know of one lender doing ARV-based refinances before 90 days.

Multi and 3+ minimum or a property in a area proven to have high summer interest.I live in a Newport house that was rented for 20k a month in the summer :0