Personally, I'd be nervous to not get some type of deposit from my guest because I like for them to have "skin in the game" 

For those of you who’ve been in the short-term rental game for a while, what’s one lesson you wish you’d learned sooner?

The other options you are playing with fire as using a HELOC that is paying interest is essentially buying with 100% financing.Having no skin in the game has always been a high risk strategy and people were able to get away with it the past few years due to the money supply and inflation but I would not use that as the measuring stick.

Everyone have a great Thanksgiving   Have to come back here for a long weekend and catch a baseball game. 

Give Memphis a look, tons of opportunity to do it yourself and turnkey providers that have been in the game for a long time.

Having a good game plan as an investor is key, making wise purchases, accurate budgets, holding subs accountable and to also know, yes, this may be the  current ARV at purchase, but how is this market trending and what’s our timeline.

There are several great ones in Dallas, but I'll bet these days most want you to have some skin in the game, so no 100% financing and also financing of renovation costs. 

Mentees need to step up their game and make the offer to those who can help them.

Real estate is a numbers game, and patience is key.

If you don't pay he gets the park back and your asset.That would put me at more ease, knowing that you have skin in the game, and are going to pay me.Gino