And is this renter is gainfully employed, or on some type of rental assistance?

But this was my first fix and flip and thankfully I didn't lose anything on the project.What made you interested in investing in this type of deal?

What made you interested in investing in this type of deal?

What made you interested in investing in this type of deal?

Largely to avoid the PM from throwing the first warm body in that fills out an app and you're stuff with a bozo.

This house makes me $750/month in completely passive cash flow (I don't have to be a landlord) What made you interested in investing in this type of deal?

As interest & insurance rates have risen, it makes it much harder to meet these types of checks.At the end of the day, people are more fearful than greedy so now is the time to be greedy. 

I almost typed "independently" but there is a nuance stopping me from that, the very issue we're discussing.If the two of you do not have other STRs, as seems to be the case, you only have this one STR to draw the required hours from. 3 material participation tests to try:1.

I also used my accumulated experience here to start a remodeling company, where I helped local homeowners with their projects What made you interested in investing in this type of deal?

Even though we are looking for some type of "float" to the other property with enough cushion we are confident we can sell our NM property to fully pay the loan back, we do expect to do other real estate deals and to also move to the lending side as well.