Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.

For the last year and a half, I have begun building a "BRRRR-strategy" portfolio and now have 4 SFRs in various stages of BRRRR.

My recommendation while you're in this stage is to educate yourself as much about the tax code as possible.

Now the tenants in this unit had arranged to do the lawn around the property to compensate for the lower rent, the property is 11,000Sq ft and as such has a decent amount of lawn to be cut during the summer and spring. 

Since we are so close to the first, I would make arrangements to collect in person this one month in order to buy time to set up a good process. 3) If you plan to grow your business, I really recommend springing for full featured property management software.

I have staged them as well 

Always arrange money when you don't need it.

We arrange a ton of financing on self storage, so when the time is right for you, happy to line up your financing for you.  

It takes practice to have them, but not having them can lead to further issues down the road.I would arrange for a "semi-annual" walkthrough to inspect the unit.

In Arkansas, you can; however, it would be unlikely that you'd be able to find a landlord who would allow you to sublet, unless you handled all cleaning, furnishing, and guest correspondence, and the monthly rent they would receive as the owner would exceed what they could get as a normal long term rental.I'm a property manager, and have had several "AirBnB Arbitragers" approach me, requesting this very same arrangement.