I provide/manage the funding, books, oversee the budget and manage cash flow.We do divide the the responsibility of finding deals and of course, we both have to agree on the numbers before we make a move.  

You want to be sure they have dealt with investors’ money before and been able to provide them with returns.

As long as it meets all the standard kinds of coverage, the lender shouldn't care either way.STR insurance usually FAR exceeds any kind of coverage that homeowners provides.Proper, CBIZ and Foremost are STR insurance providers.

An M2M lease still provides both parties an agreement and protection. 

Based on the information that you have provided.

@Christian Talletwhy not just hire a professional?

Add in that money goes out many months before any generated income, the worse financing options versus purchase financing, the detraction of something (even if it is just yard space) from the primary unit, the work involved even hands off is at least as high as a BRRRR but a brrrr can provide an infinite return. 

It's also included in the Rental Qualification Criteria given to applicants.]I provide approved tenants with the utility company information (name, phone #, website, etc.), as well as a link to https://www.fayetteville-ar.gov/4052/My-Fayetteville-Service...

Noelle,I am a NJ landlord/tenant attorney, and based on the information provided, it seems that moving forward on both grounds for eviction, non-payment of rent, and owner-occupied would be the appropriate move.

The way I understand it, you can own another home and still qualify for Fannie Mae's 5% down payment option for multifamily properties, provided you meet certain conditions.