Now with the increased supply of STRs, and less demand, everyone is dropping prices to compete.  

@Ben StanleyI would assume you get zero revenue from anyone else and be able to afford the home yourself by getting qualified at a local lenderIf you are solely relying on someone else as well without a reserve your level of risk just increased significantly

They will also examine property rent rolls, leases, and expenses to verify the property fits their DSCR requirements. 

Hello,I'm considering remodeling my current home and eventually renting it out when we purchase a new place for our selves.

Upside is rents increase every year from $25 to $125 per month, valuations increase steadily, and Dallas/Ft.

Into yourself, learn a skill and use that to increase your income & generate more cash to really invest.

You mentioned the rents were below market rate...if you do the improvements/repairs needed, how sure are you that you could increase the rents? 

On termination of the tenancy, property or money held by the landlord as prepaid rent and security may be applied to the payment of all rent, and subject to a landlord's duty to mitigate, all charges as specified in the signed lease agreement, or as provided in this chapter, including the amount of damages which the landlord has suffered by reason of the tenant's noncompliance with section 33-1341.

Curious to know if anyone has rented in both Airbnb and Furniture Finder in St.

Can the LLC rent from you then change ownership of the LLC?