Hi, I'm looking for advice on purchasing a long term rental. 

What aspect of the process are you looking for advice in: finding property, financing, landlording, etc?

And thank you so very much for any advice.

My advice to all renters is to research your landlord thoroughly before moving in. 

Any advice?

I'm looking forward to all of the advice, recommendations, suggestions and future meetups!

Need advice from investors who have done 6 months buyout of loan partnersScenarioInvest 50 k, loan partner invests 50 k , buy using DSCR in a LLC for STRAgreement using attorney is, pay 60 k to loan partner after 6 months and then LLC has only one member which is me and I control that propertyAnyone done this or a  variance of this?

.- thanks   1) on the  1st mtg  refinance proposal at 4.1%  -  sounds like they are  offering you the  higher note  rate  so they can  absorb  some of the closing costs .....make sure you get a loan estimate and  review the details about them picking up all costs  ( titel / escrow / recording /  credit  etc ...)    2)  also  check the  index / margin and  caps   on the new  loan  offer   and  compare these to the  present loan  details  ...if you  keep this loan past the   rate/ payment  adjustment  period - you want to make sure  you  are aware of  how the ARM  can  change   3) the offer  to  do  " free  "  refinances in the  future  is  no  big deal  beacuse  any lender  can offer this  via  a higher rate  to  absorb  all costs Thank you, that’s all great advice.

I would highly take his advice on a lot of this.  

It's unfortunate because getting good advice is most important when you're just starting out.