For example, I mention that every adult must pay a $30 application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.

The property is worth exactly what it is with zero STR rental income.

You might also delay refinancing until the property value or rent increases, which could secure better terms or higher returns.

So even though you have a compounding loan balance, 100% of the cash value, securing the loans is also growing and compounding.

Do you usually screen tenant (credit score, income etc) just like the LTRs?

One demanded we paint the interior the color they wanted or they wouldn't renew their lease.8) MoveOut damages typically exceed their security deposit.

It isn't having paid off properties that offers security, there are still taxes, insurance, maintenance and management involved. 

You can contribute up to $69,000 combined as an employer and employee depending on your income.

Hey Bigger Pockets Community,As real estate investors, we focus on building wealth, creating passive income, and securing financial freedom.

I've been in the real estate lending industry for over a decade, helping investors secure funding for their deals.