STR will still offer rental income and you will hopefully have a good CPA who will structure your schedule E correctly for standard deductions and showing a positive net rental. 

They serve some other very real and useful functions as well, and a lot more goes into these than any other typical marketing flier, but marketing is the core function of a preapproval letter.For cash buyers, a bank statement showing the full sales price, in United States dollars, liquid, is of course the best marketing material there is, for that buyer.Onto the question about getting preapproval for a refinance.

This is the breakdownLoan CostsA.Origination Charges$1,7820.325 % of Loan Amount (Points)$492$150Application Fees Lender Fees$1,140B.Services You Cannot Shop For$1,044Appraisal Fee$850Attorney Review Fee (TX only)$150$13Credit Report Undisclosed Debt Report$31C.Services You Can Shop For$2,699HOA Transfer Fee$150Resale Package$300Survey Fee$539Title - Document Preparation Fee$50Title - Escrow Fee$425Title - Guaranty Assessment Recoupment Fee$2$130Title - Lender's Endorsements Title - Lender's Title Insurance$1,103D.TOTAL LOAN COSTS (A + B + C)$5,525Other Costs E.

Books I have read so far:"Rich Dad Poor Dad: Rich Dad's Guide to Investing"- Robert Kiyosaki"The ABC's of Real Estate Investing"- Ken McElroy"Loopholes of Real Estate" - Garrett Sutton"Bigger Pockets: How to Invest in Real Estate" - Brandon Turner & Joshua Dorkin "E-Myth" - Michael GerberBooks in que: "The Advanced Guide to Real Estate Investing" - Ken McElroy"Think and Grow Rich" - Napoleon Hill"Long-Distance Real Estate Investing" - David Greene"How I turned $1,000 into Five Million in Real Estate in My Spare Time" - William Nickerson"The 4-Hour Workweek" -Timothy Ferriss

Originally posted by @Dave E.

When does it expire & what are the terms for appliances/fixes around property?   

Jerry is now asking me for half security deposit after lease term expires.

I have $100,000 liquid that I want to invest in Air b n b and get as close to my “financial freedom” number of $4500 cash flow.

This opens up many new opportunities for investors and homebuyers by providing liquidity in an asset that was once difficult to get out of.

There is still a lot of liquidity in the market and investor purchasing power seems to be strong as well.