They will crowd into housing and wear upon sewers, streets, public transportation, our broken grid, and they will pay cash.

The underwriter for a HML company has a list of required due diligence that needs to be collected before a loan can even be submitted to the asset management company or hedge fund they partner with for approval – meaning it could take a few weeks to close if you can get your broker the required docs (it’s usually referred to as the conditional approval process).

I currently serve some great STR markets like Perdido Key, Pensacola Beach and Navarre Beach and I'm in the process of getting my Alabama license so that I can work in Orange Beach and Gulf Shores as well. 

Screen tenants - Implement thorough tenant screening processes to minimize risk of vacancy and potential rental income loss.4.

City of DHS is tough right now, they are enacting new very strict STR rules and it's tough to manage the process and fees unfortunately. 

Here's a great article that explains the process and qualifications.

It was NOT a fast process to make the decision and be comfortable.

don't keep a staff. there's a general contractor in our market that has 400 million annual revenue and 41 employees. 10 million per employee. do the math. that's columbus ohio. construction management is the key. get to know the subs, process, build clients, focus on what actually get's business not hiring when you are small. 

They can monitor the property, especially during and immediately after the eviction process.

I did all the work myself pretty much which is why it took so long to be completed, but I saved a lot of money and learned a whole lot in the process.