I’m lucky to have a fantastic mentor who’s been guiding me with advice and tips.

Not as much money as Airbnb or STRs but less work than STRs and more money than LTRs, and as someone said, if you've already got it furnished, it's an easy transition.Also, anyone interested, might check out "Erin's Guide to Midterm Rentals."

@Jacob Sampson Your reminder of the fundamentals, broken down to three questions, is a good guide any investment is a good reminder.

Just because someone is new to BP doesn't mean they don't have experience, but using their profile as a guide may give you more information.

The property age, location, interest rate, etc. will influence whether one cashflows at 2%. 1%, or 0.6%. the rules as someone already pointed out is just a guide.

If it's your first LLC, though, it might be wise to work with an attorney to guide you through the setup process and some basic steps to take afterward.

Having a reliable lender with experience can help guide you to the best options for your qualifications, however at a minimum if trying to qualify for a conventional loan you'll need at least a 620 FICO mid score, other options are FHA using lower scores.

It should be matched to their application and their credit/criminal background check.Here's a detailed guide on how to screen applicants: Application Screening Guide

It's called "Investing in Real Estate Private Equity: An Insider’s Guide to Real Estate Partnerships, Funds, Joint Ventures & Crowdfunding".

My building is pier and beam.