We are basically adding VRBO reservations to the calendar manually after months of trying to get it integrated.I personally wouldn't use Guesty if I only had a few units.Other tools we like are Properly for managing cleaners and repairs (visual checklists and photo verification) and Touchstay for digital guestbooks.

Hi Edgar,As an agent you will need to begin building your identity as a trusted advisor in home sales and purchases.

For example, a Burger King in the growing part of town is worth more than the Burger King in the crime-ridden part of town even if those two Burger Kings have identical lease structures.  

Fannie Mae Homestyle Renovation)FHA 203K (Pros)-Must be owner occupied -Lower Credit Score requirements (as low as 580) -Lower down payment requirements (as low as 3.5%) -Low interest rates -Down payment and closing costs can be given as a gift-Streamline refinancing (no home reappraisal, credit check, or income verification)FHA 203K (Cons)-Upfront Mortgage Insurance payment (~1.75%) and monthly for life of the loan-Need to secure reputable contractors, and need to be very diligent with paperwork-Lengthy Loan process (~45-60 days based on my research) -Rehab Limitations under Streamline FHA 203K ($35,000 max rehab budget + requires 15% contingency in case of cost overruns)Most non-structural, non-luxury items are acceptable:-Kitchen and bathroom remodels-Appliance replacement-Carpet and flooring-Roof replacement-Painting-Repairing safety and health issues-Energy-efficient improvementsFannie Mae Homestyle (Pros)-Doesn’t have to be owner occupied -Any type of renovation or repair is eligible (as long as it’s permanently affixed to the home and adds value)-Loan-to-Value is based on your home’s expected future value and not its value today-Renovations must be completed in 12 months and seller concessions are permitted (home sellers can pay closing costs if you add to your contract)-No upfront Mortgage Insurance Premium-Potentially lower Mortgage Insurance costs (if you’re putting less than 20% down) based on down payment and credit scoreFannie Mae Homestyle (Cons)-Higher down payment requirements (as low as 5% for 1-unit, 15% for 2-unit, 25% for 3-4 unit)-Higher credit score requirement (as low as 620 for primary residences, as low as 700 for second home or investment propertyIf you were in my situation, what type of home renovation loan would you use?

Also on occasion we will write into a purchase offer a contingency for additional verification of vacation rental usage during the standard inspection period or beyond.

However if the property across the street is identical in every way and they have higher rents, that should be your market rent.If, in your 1950s building all the units are old and tired and you take one and make it beautiful, and it rents for twice the old and tired units, you can now see the potential from rehabbing units. 

Do a verification of mortgage over the phone and confirm all the information related to the loan.

Don't choose one because someone else was happy and recommended him, unless you know your situations are identical.

The current landlord or owner may not be a good source outside of verification of occupancy.

You can send a PDF lease agreement by email and she can print it off, sign it and email it back, or she could snap a photo of her driver's license and download it to her computer and email it to you for verification.