This works best when the seller is motivated and open to flexible terms.4.BRRRR Strategy (Buy, Rehab, Rent, Refinance, Repeat)– If you find the right undervalued property, you can finance the rehab with short-term funding and then refinance into a long-term loan, pulling most or all of your money back out.5.House Hacking– If you’re open to living in your investment, you can use an FHA loan (as low as 3.5% down)to buy a multi-unit, live in one unit, and rent out the others.

I don't know enough about the start up costs associated with the ATM units but I am generally against businesses that have a short shelf life and here we have one we are fairly confident will be deemed obsolete. 

Good luck with your investing and feel free to reach out if you have any questions or if you need any help underwriting a certain deal.  

So I changed my approach from slacks and a tie and "Hi, I'd like to help you sell and buy" to shorts and casual - but nice - button down shirt and "Hi.  

Feel free to reach out if you would like a list of avail properties!

@Allison Cutlip believe BP has leases for all 50 states and recommends RentRedi software.NOTE: the leases are very basic and short.

We are looking at the compound asset acquisition and also using the short term rental loophole for our future properties and likely moving my wife into the real estate professional position while I remain at my W2 position.To sum it up, I would like to know what higher income W2 earners are doing in order to help offset their W2 taxes or if there is a way? 

For example, before he switches a policy from short term rental to long term rental he wants pictures.Is it normal?

There success inspired me to look at RE as both a short term and long term investment.Turns out there are many successful investors in this area.

That’s a lot to ask for guests that are only going to be there a short time.