I invest out of state because at the time, I could not find anything that would meaningfully cashflow, plus a $150k deal was a LOT less scary than a $800k deal!

@Chris Babb,I have moved in to the Build to Rent field full time. 

The market is ALWAYS changing but I know at this time, seasoned investors are getting 80% LTV on DSCR in the 6% range and 90% of PP/100% of renovation if total loan does not exceed 75% of ARV for FixNFlip loans. =)  

, clear laminated instructions inside the unit, etc.Also very important to consider scale--if you are planning to have several STR's in the same area, then it's wise for you to invest time now to build your team there and manage the place without a co-host.

The time and amount offered would not be negotiable. 

Different times, different place, different circumstances but did good on each flip at the time.

@Michael Baum how many Short-term rentals do you manage this way where you are on call all the time?

Being 19 you have plenty of time.

They preach that its not about the Real Estate yet there is alot of time spent on the real estate itself.

That was when I had enough, and decided to end the lease.He has been living month-to-month for some time now.