Running a business like that takes marketing efforts, networking, direct booking functionality, and so much more.

Capital improvements (I call this my WIP, which stands for work in progress).

Is this a Capital expenditure or an operating expense?

It does come down to your goals, your time to allocate, your business sense, your ability to bring or raise capital, and what you are trying to accomplish.I am personally not a fan of short term rentals, as it appears regulations in many cities keep making it harder.

@Katie Magar, @Jimmy Marks, Hi my name is Frank and I live in Arlington TX, I am looking at possible markets within 3 hours of home.

Around $45,000 in repairs.By late January to early February, we had the property back on the market.

Negotiate with the Seller: Depending on the market and the seller's flexibility, you might be able to negotiate a lower EMD or even delay the deposit until a later stage in the transaction.

Good Afternoon,I have a business idea I need help building.Currently, on a PowerPoint, my understanding is that NDA is appropriate before sharing one's idea.One part of the mid-term rental market, side down the road option, adds a concept to the male dating market.How does one find someone to legitimately review the business plans?

I would begin marketing immediately, and mention it will be ready the date that you have very high confidence it will be available.The harder part is being selective what you show. 

Regarding the most effective way to scale a real estate portfolio, it really depends on how passive you'd like to be, your chosen market/s and risk tolerance.