I will say that some lenders will tell you what you want to hear and then it might not turn out quite the way they mention.

Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.

You mentioned UBIT in the subject so I assume you are aware of it and that you probably  will be subject to it if you do a number of flips year.4.

Hot tubs are not a big draw here, but necessary in mountains IMO.The few times Ive been in NOLA (excluding Katrina with the Army :/) I did not feel like I needed a pool, nevertheless a hot tub.I would find the data and let the numbers guide you, but Im thinking maybe a plunge pool as mentioned above.

Depending on the facts and circumstances of the agreement, it could either be treated either1) the sale occurs as of the original agreement date, and then your taxable gain is generally spread out over the life of the principal payments as an installment sale (although I should mention any depreciation you've taken on your property could affect this), or2) the sale does not occur until the lease option is exercised, and gain reported at that time.

As Jay mentioned above, conventional financing is technically the best product if you qualify for it. 

Not to mention markup for profit, sorry this is not the red cross. 

Be sure to mention my name when you answer, so I'll get an email notice that something has been posted.

People mentioned STR and LTR meet-ups, which would be great for networking.

@Rahel Ketema - Like @John Warren mentioned you likely wouldn't have demo the whole ceiling to install ductwork typically we'd just have to build out soffits to surround the ductwork around a pre-existing wall running down the center or side of the house depending on the layout.A lot of your situation depends on the layout of your units and available space.