But the best ways to get started are, in my opinion: 1) save up enough for a 10-20% down payment and then save a lot more on top of that for reserves, overages, and any unforeseen repairs.    2) have your financial house in order and have credit above 700 to get more favorable rate and terms from lenders.   3) speak to a loan officer that is experienced with fix and flips and get the necessary documents together for a pre approval (typically not much required, usually a valid ID, LLC docs if any, and two months of bank statements showing funds for down payment and reserves). 

There are lending specialist (also private lenders) who will lend you funds for EMD etc for short-term only.

I'm interested in buying a SFH home in CO springs as a long term rental.

My friend @Andrew Bosco specializes in medium term rentals (it should be similar furnishings to STR) and has a pretty sweet checklist that he utilizes for furnishing the property.

I am mostly interested in investing in long term, single family, rental properties.

In my market there are a lot of homes that are between $30k and $75k that could easily be turned into short-term rental investments. 

When I refuse, I get collection notices for years.This was a long time ago, but as one might surmise, it has been a long time since I had a section 8 tenant.

Good morning everyone,Curious to see if someone could help with the following question:If I perform a cost segregation study for a short-term rental property purchased the previous year, would I amend the return for the previous year or adjust in the year of the cost segregation study?

Can they prove how long it takes to rent a vacant property?

@Margot WeatherfordIt will vary based on current lease terms.