When doing them, it is best to be in and out as quickly as possible and preferrable during the storm "off-season".

Or STR the highest season for the most income and then MTR the slow months. 2.

Then later as you grow older and no longer want to share your space you can just stop renting the other bedroom.

The older you get the less attractive appreciation is unless the goal is to leave some kind of legacy. 

We don't have any issue getting it booked up for the season.

And the Professional plan is a great space for seasoned vets who need a robust system where their team can work through the entire acquisition process. 

Here is some key information:Property recently hit the market and has 2 cash offers alreadyThe seller provided a pre-inspection report, which I shared with 2 different lenders, both think it may fail conventional financing due to potential structural and electrical issues (realtor thinks it could pass conventional)Seller has 100% equity but is behind on other payments (not sure of the urgency money is needed)This is my first attempt at an “investment” property so I’m new to thisI see 3 optionsMove forward with an offer using conventional loan pre-qualification-Not as attractive of an offer to the seller-Possibility that appraiser calls out structural/electrical issues that need to be fixed before closing, effectively causing financing to fail- Best terms and fewest loan fees for meUse a rehab style loan such as ChoiceRenovation-Even less attractive than a conventional offer to seller, but less risk of failed financing if appraiser calls out issues-Slightly worse fees and interest rates compared to conventional-Lenders tell me possibly up to 60-90 days closing in some cases, with red-tape for contractor requirements and draw schedules (sounds like the most hoops to jump through during rehab)Use a hard money lender-Most attractive loan option I can give to seller so I can compete-Much higher fees and interest rate for me-need to refinance into a conventional at the end of rehab (not familiar with seasoning periods but I think this is a factor as well)Which option would you do?

Being fairly new to land lording I felt the need to gather a bit more insight from other seasoned professional with how to proceed, but you're absolutely right. 

Our season is too short to justify a pool but if I owned property in the south I look into these partial inground pools: https://www.poolandspadepot.co...

Texas Federal circuit is drunk this holiday season.