I live in California and the housing market is extremely expensive. 

The information have been extremely helpful and will definitely help guide me in the right direction!

You get to rent to professionals who are less likely to trash your property, you get to charge a higher rent than long term, and you're being paid by large, 3rd party companies that are extremely unlikely to not pay rent.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.PM us if you’d like to discuss this logical approach in greater detail!

I see lawyers fees cancelling out this years rent increases quickly. this is a business, and I would always expect unhappy customers to push back - a good business worthInvesting In will satisfy customers while still making a profit.

Plenty of money on the table, but extremely difficult underwriters and less than helpful loan officers in terms of information.

#2 - Larger 5-bedroom renovation into a sweet rental home Before Pictures (Zillow Link)After Pictures (Airbnb Link)These investors took something that was very boring and extremely residential-looking and transformed it into a cozy retreat for travelers with highlights being adding wood paneling, kitchen renovation, new furniture throughout, beautiful outdoor space with added hot tub and fire pit spaces for guests to hangout and an exciting game room space to occupy guests for hours. 

Once you are under contract you will need to put down an EMD (And I will say a $1000 EMD on a Northern VA home is extremely low, it's usually closer to 1%, that doesn't mean it can't get accepted.)On a side note, as a wholesaler, why not offer directly to the owners or their agent?

Finally, after both of these have been satisfied, let's start underwriting deals.1.

Thank you - extremely helpful!!