This is not only my experience, but when you call VRBO or Airbnb customer service, they will tell you the same thing.  

Quote from @Amir Portal: Hi friends , i Would be happy if you could guid me from your experience on where to start whit a strategy of BRRRR in DFW

I have a good credit score and experience in managing multiunits 

experience: I’m on my 3rd flipage: early 40sday job: brand and web design/development retirement savings: noneI want to learn about buy and hold to secure having SOMETHING for retirement!

But I would remain open to long-term rental as an option as this seems like a more stable option in terms of income, again this may be my inexperience talking.However, I have always  been somewhat risk averse and investing in real estate is always a big venture, in my opinion/experience, in terms of capital.

@Mitch ProvostFrom my experience of working with over 400 investors, your property near Texas A&M in College Station/Bryan has strong investment potential due to the consistent demand for student housing driven by steady enrollment growth.

Anyone have experience using Turbo Tax Premier to do their taxes having investment property(ies)

Anyone else have experience with this?

The other way I fund deals with none of my own money is using a private lender that I have years of experience and relationship with and/or using HELOC and other business lines of credit.

@Lulu LueHUD has 2 online databases of lenders showing which ones have the most experience with 203k's.