This punk is young and I am guessing he gets drunk every night and when the 5th came he did not show up with his rent and that means my wife has to do a lot of extra bookkeeping, going to the bank a 2nd time, etc. and he refuses to pay any late charges. 

With the Airbnb @ $175 a night for 50% of the year is $31,900 which makes this 48% CoC return!

-Well-maintained property: With guests staying for 4 nights on average, a cleaning crew will come in several times a month.

Leave the original account to accumulate.Immediately get a second job such as a temp job or a part time waiter job at night and on weekends.

A hotel in the area is probably about $120 per night.

Most lenders are 3 months seasoning and you can refinance day and night with a 30-40 day time frame.

About 2 months ago I discovered the Bigger Pockets podcast which has changed my view on how to invest.Anyways, I have been researching Buying and holding properties for about a month now (allot of late nights to say the least).I have some idea on how to start but I am still a newbie and I have a question (I'm sure others will follow).1.

Any and all advice would be appreciated as I know I have a lot to learn and am very eager to dive deeper into the world of entrepreneurship.

I'm a career handyman who's just passed his RE license exam and super excited to dive into the world of real estate investing!

I'm Brian Silvia -- by day I write & ship code, but by night I'm either doing Crossfit with my wife, or working with her to get spun up on real estate investing.