For example, a property in San Diego may lose $500 per month ($6,000 per year) but gain $60,000 per year in value, making it worthwhile to "lose" money each month in exchange for long-term gains.I recommend you start with BiggerPockets Ultimate Beginners Guide (free).

For example, I have a loan that's at 0.97%. 

What is a "wholesaler" at simplest terms?

RentRedi is perfect for applications and background checks (you can also set clear lease terms and automate rent collection through RentRedi).

I wouldn't have any problems paying an agent under terms like this for their service(s). 

A good property manager can help with tenant screening, enforce lease terms, and handle evictions more efficiently if it comes to that.Require a Larger Security Deposit: Within the bounds of local regulations, a larger deposit can provide a cushion in case of damage or unpaid rent.Consider Rent Guarantee Insurance: Some companies offer insurance products that can cover lost rent in case of tenant default.

I'm focusing on short term rentals around Lake Cumberland and manufactured home parks here in Kentucky.The need for affordable housing and shortage of housing supply has made for a very lucrative investing opportunity.

Do you believe in it’s mid to long term growth potential?

@Jake Baker  You should think about a rehab loan if you are going to buy and hold.

Now take short-term AirBnB properties like one of mine in Miami.