Keep in mind that they can increase that period if they get complains from the community, so make sure you're in good relationship with your neighbors.

We invest the rest in our business and reinvest all the profits from the business back into the business. 

Thus the money partner may realize a higher profit within a 3-year period of time than they may get with other investments such as a 25% or higher return per year for the 3 year estimated length of the investment. - The money partner doesn’t need to worry about the financing or keeping the debt in their name which may reduce risk for the money partner.Long-term tenant to reduce turnover.

My draw down period is ten years of interest only payments then twenty years principal plus interest after that. 

Given how chaotic that period was, their response was reassuring.Truly Hands-Off Experience:Their white-glove service does deliver on the “hands off” promise.

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

In addtion when the net investment property is ready or on the ARV you can do the same thing pull cash out and pay off the original amount and use the rest for another down payment.

You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

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.

However, this information is beneficial to the rest of the BiggerPockets members.