Verifying last 2 years of rental history very important!

Quote from @Matthew Espana: Hi, I am interested in connecting with anyone who has midterm rentals in the Bakersfield area.

Hi @Robert B Azimi,A home that has been registered through The Mills Act, can be rented out the same as any other property, and it can even increase rental revenue as there are people who really like the thought of living in a historic house.

I already have 5 rentals jsut trying to scale  little bit.  

The short term rental business has been fine, up until this month where I saw the lowest bookings since opening.

Max of three rental properties.

If you're willing and able, I do recommend the "house hacking" strategy which is just a fancy name for buying a rental property and living in one of the units, because you'll get very favorable financing - an owner-occupied fixed-rate 30-year mortgage.I'd also say, analyze that property as if you won't live there and it's a pure rental, and make sure the property is still cash flow positive if there's a tenant in your unit because then you'll know if it's actually a good investment.And when you analyze it, include payment of a property manager in your #s because if you don't, and doing so would make it go cash flow negative, then you've just bought yourself a job because you literally can't step away from managing it without losing money.

I have a tenant in my Rosewood rental who is saying that the water in the shower is coming out cold even after she lets it run for a bit.

https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...Short-Term Rental Loans: What Are the Options and How Do DSCR Loans Stack Up?

I’m giving myself about 2-3 months to make the necessary repairs before listing as a rental.