I caught the Pace Morby bug and plan to actively pursue other options since the trad lenders underwriting is making it difficult to follow my strategy of buy and hold.

I suggest advising the applicant that you can hold it 10 days rent from, start their lease after that and they can use the additional time to move in at a leisurely pace.

The area is slower pace and seems like a lot of people in the area are here for work.

Meet this awesome guy -Javier through one of the groups, he's also in Pace Morby's subto group too.

And yr 1, pacing that ADDITIONAL Capital Contributions of $700 per month, yr 2 it reduces in half, and yr 3 it's net 0.

@Magda LipinskaShort term rentals will out-pace long term rental income - presuming you have a high enough occupancy for that to happen.  

LLC's can sometimes complicate things, just open a bank account for your rentals and use a program like quickbooks to do and manage your books. you could even hire someone for around $100/mo to do this for you as well Full transparency, I felt ashamed to admit this before, because I didn’t do my research and jumped into something, but recently I was listening to Pace Morby YouTube videos about LLC’s and they suggested before you do anything in real estate to protect your assets with LLC’s, I already had property so I thought I needed to act on it and set up and LLC.

Additionally, and obviously, you will make less potential profits.To the OP: You will not be able to "grow" your portfolio at any substantial pace with this model.

It represents the number of months it would take to sell all homes currently on the market at the current pace of sales.

I'm still learning the pace, but I hope this is helpful to you.All the best,Wes