This way if there’s physical damage by residents the company pays the first $500 to fix it.

Water is shut off and they are removing the electrical meter.

To pay for this, I used a heloc on my current home.

And, it's amazing how many closing costs are junk fees that we as investors need to pushback on paying for ourselves and our clients.

Once the work was complete, I refinanced to pay off the hard money loan and held the property as a long-term asset.This duplex also marked the start of my short-term rental journey—we ran our first Airbnb from one of the apartments before scaling to bigger projects.

Every where you turn there are STRs going up on the market fully furnished because they couldn't pay the mortgage and bills with the rental income. 

If you want good contractors out there quickly , pay their price and pay it quickly . 12 months is too long , we can build a 3000 sq ft house ground up in 3 months . 

Who pays when the resident breaks the agreement and quits paying? 

If you’re paying off less than $800/mo on your loan id say sell come April selling season.

You might not cash flow right away, but even just offsetting what you were paying in rent while building equity, getting tax benefits, and learning how to be a landlord is a game changer.