Don't rely entirely on revenue numbers from 2022 but instead make sure to look at STR numbers in 2019 and previous to get a more conservative revenue estimate to expect.

Client ExpectationsClients often have unrealistic expectations, leading to frustration when things don’t go as planned.Solution: Set realistic expectations from the beginning.

Show the bank the first couple of transfers into your account and if the those transfers are expected to continue for at lease the next 3 years, the bank can use that $5000 as monthly income which can help you qualify for a loan to buy the yacht of your dreams.

The seller and their agent hopefully did a good job communicating with that tenant to set expectations.

Or, you could ask for a rate quote based on a range of credit scores and you can figure out what they'd charge you on your own.

I'd expect those rates in the midcity/southdowns area, but not tigerland/brightside. 

I focus on staying engaged, whether it’s through regular check-ins, providing insights without expecting anything in return.In terms of systems, I’ve found that a mix of structured tools and personal touchpoints works best.

I don't figure the note will be more than  300 a month at only 40k principal.

Just as I was scrambling to figure that out, one of my tenants also moved out, leaving me with thousands in repairs and a vacant unit at the worst possible time.I had zero reserves left because I had just paid back the money I borrowed to close.

Trying to Scale Solo.The Myth of Doing Everything YourselfWhen I first got into real estate, I thought I had to:✅ Find the deals✅ Secure financing✅ Handle renovations✅ Manage tenants✅ Deal with maintenance✅ Track every dollarI figured, “If I want to maximize my profits, I need to do it all myself.”Sound familiar?