Maintenance and UpkeepRegular Inspections: Schedule periodic property inspections to address maintenance issues.Emergency Repairs: Have a plan in place for unexpected maintenance needs.Furnishing the Property: Budget for necessary furnishings and appliances.7.

Usually there's a lockup period (often three years) in note funds, so you can't use that cash to do direct note investing.  

Review this periodically - 3-4 times per year, and UPDATE it.

I try to leave balloon period out unless they explicitly asked for an end to the timeline.

The maximum fixed-rate period seems to be seven years, and there is generally a balloon payment at 10 or 15 years.

During this renovation period would you, as the lender, want an Actual Cash Value or Replacement Cost policy in place?

REPS does not relate to STR's.For short-term rentals (STRs) with an average rental period of seven days or less, you don’t need REP status to offset losses against other income.

Use this period wisely by ensuring your calendar is open, pricing is competitive, and your listing is optimized.Encourage Reviews: After hosting your first guests, politely ask them to leave honest feedback.

This is a very valuable skillset to have in your arsenal as an investor that can dramatically increase your net worth in a short period of time if the strategy is applied correctly.  

Thanks for letting me know about it and the trial period offer.