Hi Anthony, it sounds like you’re in a good position to start building your STR portfolio, especially with no debt, great credit, and rent-free living!

While you don't exactly validate his claim..sounds like for many it might be moving that way.Is there any city that could make it a competitive advantage? 

Sounds easy right?

This sounds fine until one realizes they are paying all of the front-end broker loads and operator acquisition fees all over again. 

Sounds like a cash out refinance would be the best way to tap into that equity. 

(As appealing as that sounds)  Then you countersue them.

Does this sound like a deal worth pursuing for cash flow?

It sounds like you are investigating the DSCR route due to lack of investment funds. 

Not sure how many PMCs you've had bad experiences with, but we'll take exception to:"Then do a thorough research on tenant applicants (note: leaving this to a PM may be hazardous to your financial health)".BP seems to have more threads about screening mistakes by DIY landlords as opposed to PMCs.Now, if you'd have mentioned Maintenance, you'd get no argument from me:) Even the PMC industry acknowledges maintenance as one of the biggest challenges.Rereading my post, I kinda see how I sounded negative toward PMs.  

Matt that is the NMLS number for the company not for you personally  sounds like your a VA or something not a licensed lender..