Lenders desperately need/want business especially in this interest rate environment (right now, the main source of mortgage loan business in Florida is rehab financing as a result of the hurricane damages) and one way the big players differentiate themselves is by streamlining the process.

Here are the 14 main highlights:"Just some analyst's thinking cap predictions.

Granted we only have 17 but still, I’ve never used anything except a simple excel spreadsheet and all my rental properties have a separate savings account under my main account at my local bank.

Two main reasons being: (1) debt does not increase your basis in an S Corp, which means your losses get limited.

Mainly the Brokerage is for me just to sell the properties that we fix and flip and save the commission.

I'm fine with doing some minor fixes and improvements to a property: Adding overhead lighting/fans, better flooring, maybe redoing a main bathroom.

Quote from @John Williams: I recently bought a home that has an attached dwelling unit where Im planning to move in and rent out the main unit.

The other hurdle many run into is that you need to have funds to close and cover reserves in a US based bank account.  

Besides the stress, the other main factor that I want to point out is- time and use of money.Wholesaling would have been much faster and that money could be used for the next deal faster.

Our main goal is to ensure we’re properly protected.Additionally, should we allow pets in our STR?