Right now I have all expenses (utilities, material, labor, interest loan payments, insurance) posting to the WIP account. 

[Copied from my post in "General Real Estate Investing"]FUNDING UPDATE:Hi everyone, thanks for keeping up with me and my undying drive to acquire this property (off-market value-add duplex in my market).I spoke with my lender and the idea came up of pulling a HELOC on my 3-Unit house hack (which I bought some significant equity in) and using that line of credit for the down payment of a DSCR loan.

It was one length of split rail long with posts on each side and diagonal supporting posts.

Originally posted by Norm Chrostowski:When calling FSBO'S, what does one say?

Some are posted to the Real Estate Events & Meetups under Real Estate Classifieds on BiggerPockets, Eventbrite, and the numerous investor Facebook pages. 

If they are going to be there post closing, at minimum have your agent do a final walk and take photos and video as you will now be the landlord and responsible to hold them accountable for any damage, so document.Once you get it up as a STR, you should go at least once a quarter to make sure cleaners are doing a great job and make any needed repairs or adjustments.

Please feel free to reply to this post or send me a direct message.

Makes sense, if you allow the seller to have logging rights post-closing.

@Jarrett LukasI know this post is old, but curious if you ever found what you were looking for! 

I'm (26M) super new to real estate investing and this is my first post ever so thank you for any help!