I have a call scheduled with someone on his team for Monday & hopefully that gives a little better direction / insight into best practices for new members.  

Way better than that Roofstock PR guy who left Roofstock recently.

I don't necessarily regret it, but I think I would have been better off finding a 4-plex and house hacking.

Of course, all channels can work.. it’s just that certain ones might be better for your situatoin right now.Since your Charlotte mortgage is higher, renting by the room can spread that burden across multiple renters.

However, if your father inherits and later transfers the home, it should qualify for a step-up in basis to fair market value, reducing future tax liability.If the goal is to tap into equity, having the trust take out a HELOC may be a better option, avoiding California Prop 19 reassessment, which could raise property taxes significantly.

Financing through a personal loan usually offers better rates and lower costs, but using an LLC builds business credit for future investments.

This implies that if I had confidence of better than normal appreciation or ways to add value, I would purchase a negative cash flow property.  

It seems like lease-purchase and seller-carry are better strategies but perhaps it's only because I don't yet understand the nuances of your escrow strategy.

I personally believe that a better way to jump into mid term rentals is to take a course on buidling a property management company or cohosting business where you bring your skillset to the table without the intial investment into all the furniture and leases.

Most are being encouraged to buy Class B-minus rentals and below, but no one corrects them about their mistake of using Class A assumptions on these rentals:When a newbie gets smacked with reality via their losses, they then can only suck it up until time improves their mistake or dump at a loss.So, my question is, why can't we all do better and grow our industry with integrity?