Screen tenants carefully, budget for vacancies, and keep learning with books like The House Hacking Strategy and Landlording on Autopilot.Good luck!

., more than half of the calendar year) for the Borrower’s personal use and enjoyment"This means that you can only book it out on STR platforms for half of the year (50% max occupancy), which really sets a cap on your max income. 

While many gurus glorify the strategies they’re selling through courses or books, methods like out of state investing aren’t easy and can put you in a tough financial spot if you’re not careful.

I read some books and saw the late night advertisements about real estate investing, so I was very interested in this type of property.

These course providers tend to sell their customer base on  unrealistic expectations or teach the most basic of concepts which are easily picked up through a book or merely browsing through these forums.  

Or just avoid ST booking platforms.2) Converting the roof into a terrace (apt. on the top floor).

I was deployed to Iraq in 2007 and through a mentor got word of a book called The Fountainhead.

If LL uses accrual method, they can book revenue without receiving.  

I personally read 2 books about wholesaling that cost me under $100, which gave me a solid foundation.

So as investing partners it makes sense because we will both have extra cash at the same time, we partner up to cut the risk in half + we both specialize in a couple things the other does not in terms of being a rental property owner (e.g. running the books + marketing vs actually fixing things).