You have a different kind of short term rental, and you are there. 

I am looking to expand my portfolio whether in long-term rentals, STRs, flips, etc with a partner in order to better utilize funding, etc.

I normally end up going with a small bank that provides favorable terms for holding my cash.

This will confirm what the lease terms and actual rents the tenants are paying. 

I am working with folks in the Scottsdale area who purchase properties around the $800k-900k range (5+ bedrooms with large lots) and remodeling to be purpose-built short-term rentals.

I personally don't think it's that great in terms of a full-on PM software.

Originally posted by @Josh Banwart:@Nate P.

@Brendan M Hornung what's the long term goal of this person?

Considering their LTV is at market or debatably below market (depending on the asset), if the interest rate or loan terms aren't advantageous, I'd also suggest getting quotes from other lenders.Since you are located in upstate NY, I'd look for local banks.

If your goal is financial freedom, choosing the right location is the most important investment decision you will make because it affects all long-term income aspects, including:Whether rents keep pace with inflation is crucial.