I have integrated a couple of other platforms and had to do the exact same steps when it came to being able to receive payments online.

If you don't get access to the property before closing it can be tricky but if there are recent photos online or you can walk through before and take your own then it is much easier.

That is in addition to clauses that require anyone that stays more than 7 nights in 12-months to apply (then it becomes our choice if they are treated as a temporary occupant or tenant) and prohibition of subleasing.

Fake income documents are easily purchased online, and inexperienced screeners often miss red flags.

It really is a minefield out there.I know everyone likes the convenience of the web, and they are tired of hearing it, but this really is a business based on relationships, not online anonymity.

Seen that play a few times.. this whole sub to being taught to under capitalized or starter investors who don't know what they don't know and learn this on line is just so very dangerous.

The online gurus are the worst.

I also recommend a bank that has local branch that you can go into vs having it 100% online.

I didn’t know anyone in Alabama, so I called a few agents I found online and ended up picking one from BiggerPockets.

To the nuts and bolt question of what defines occupancy, it is the place you reside and spend the majority of your time/nights.