Research local regulations and permits for STRs in your chosen markets to avoid surprises.

However, unless you're doing this as part of a BRRRR strategy, you may end up paying closing costs twice and incurring unnecessary interest on the HELOC prior to refinancing.Additionally, conventional loans often have seasoning requirements of 6-12 months, while DSCR loans typically require only 3-6 months.This post does not create a CPA-Client relationship.

My recommendation from experience is to avoid working with Safeguard. 

I’ve seen cases where multiple tenants in a household had prior evictions from different addresses, taking turns as the primary leaseholder to avoid detection.

If you can get all the bedbug containing furniture out of the place and it will sit for awhile (or let it sit while the other repairs are done) you may be able to avoid some cost, but if you want to get a paying tenant in sooner rather than later you will want to bite the bullet and get it well done.

A good agent will save you more on the transaction than they make on the commission by negotiating well and helping you avoid making expensive beginner mistakes (which I see all the time when people decide they don't need an agent or work with a cheap agent).

So I broke these up specifically based on numbers and property values, trying to avoid anecdotal bias .

Just like professional athletes who still work with coaches to hone their skills, a real estate mentor or coach can provide you with valuable insights, shortcuts, and strategies that can help you avoid mistakes and fast-track your success.

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

When choosing tenants (I am in California), it's important to avoid even the appearance of discrimination, especially during in-person meetings.