Sharing a kitchen probably isn't a big deal for a short term contractor.

I have spent quite some time learning, researching and preparing for my first Short Term Rental.

Seller financing allows you to negotiate terms directly with the seller, which might include a lower down payment.

Many reasons here, but the most common is they went into deal with short term floating rate debt at a market peak.

There are much better lenders out there with better rates, and terms. 

I have another one under remodeling that I plan to do as a short term rental (no experience yet, but this house is next door to my home).I have a dedicated website that I maintain myself where I publish the details, applications etc, also list it on zillow and do the screening through mysmartmove.

Purchase price: $460,000 Cash invested: $50,000 My wife and I purchased a duplex in November 2022, lived in it for a year, and now rent it out using a long-term hold strategy.

Added new terms and conditions?

From an initial impression, this makes the process of long-term investing much more convenient, and the only fee (apart from regular agent/lender commissions) is the property management fee!

Hard money loans are often short-term and designed for projects with a clear exit strategy.