Furnishing is death by 1000 cuts; you're putting a lot of money and a fair amount of risk into a property that you don't own to make $300-500/month per door if everything goes right.

Hey all - Been a lurker for a while and finally decided to jump into an account here.

Eric,First off congrats on making the move into the REI world. 

Once the project is complete and the property is stabilized, you can look into refinancing with a DSCR loan, which focuses on the property's cash flow rather than your personal income.

I’ve enjoyed hosting short-term rentals in the past and would love to share this home with others, as I’ve put a lot of effort into preserving it.

If you are going traditional you will see rate and closing cost breaks with 25% or 30% down. 20% down will be higher rates and fees.

Airbnb went heavily into on-platform Experiences in 2016 and realized quickly it had more challenges than expected.

I would do a video walkthrough as well as host open houses and personally invite the neighbors.This listing has the potential to kickstart your entire career into something extraordinary.

I'm not sure what you meant about the PM's explanation about the tenant moving out of their last place but if they were delayed moving into your unit, I don't see that as your problem and they should've still been paying rent, or your PM should've been continuing to market it.

Purchase price: $112,000 Cash invested: $22,000 Bought this 3-bedroom 1 bath house in a vacation town and moved into it.