This is one of the reasons the HUD FHA 203k Consultant exists.

They include demo, prep, install, and install qtr rd, and are done in a day, may two for a large project.Some pics of our flooring on a recent flip with this company, and they may have a location in your city.

I want to know any and all tips, advice, and of course down sides to this lifestyle. 

@Chandler Hall you didn't mention the biggest reason this may work - tenants changing/losing their phones, which causes them to lose their app passwords:(While this makes great logic on the tenant-side, don't see how it will work on the landlord-side?

BTW, I just read that Airbnb has deleted 400k accounts.  

Bruce - thanks for sharing this info.

I work as a firefighter while finishing college, and over the past year, I’ve immersed myself in this world—reading books, listening to BiggerPockets podcasts, and diving deep into everything I can learn.

To reduce taxable income, focus on maximizing deductions for expenses like materials, labor, and interest.This post does not create a CPA-Client relationship.

This would be an excellent question for them.

How have you gone about this process for markets outside of your own?