@Dmitriy Fomichenko & @Todd GoedekeMy statement was more general to the thread than specific to the one post about short term rental income.Our experience is that the marketing - very much including here on BP - has a very strong bias towards the Solo 401(k).  

So, maybe Bill is correct, and I should just tell Lonnie Dealers to stop doing what they are doing.As to your statement that the real estate industry is plagued (not to fond of that word choice - too biased) with people who want to be paid for helping you - I don't even know what to say.

Jersey City (Disclaimer: biased because I'm in the area too).  

As you are focusing on local investors and out of state property you will have a natural bias towards the investors' requests.It does sound like you might be trying to wholesale from other wholesalers.

Biggest organization of renters will happen in fall in LA some of the groups are national too so it applies to all statesHere's what they claim: This strategic statewide convening represents the historic growth of the power of renters to push for broad economic, racial and gender justice and advance a vision of an economy that works for families, communities and the environment, not billionaire real-estate tycoons, corporate landlords and Wall Street bankers.

After having grown up in the business I am biased though

@Will Morrison I'm extremely biased to the multiple account approach using the Profit First system that @Kevin Sobilo described since I authored Profit First for Real Estate Investing.

I am of course a biased source on this, but that (and stupid cross selling quotas) is why I do not work for a big bank or credit union.

@Ben Kirchner I am very biased but I believe a CPA should be able to pay for themselves.

Even if a tenant has bad Credit, having their rental history is much more important as you can prove you pay your rent on time no matter what.In NYC, I am VERY strict when it comes to due diligence because of the strong Tenant biased laws.In many cases, prospective tenants that fall below 700 will be asked to send me their rental history.