Nuances spread throughout that process undoubtedly will pop up with CoA.

Be aware the locals in Bermuda Dunes are not happy about the large increase in STRs that have popped up lately (and many are not doing the best job of controlling sound and related issues).Consider joining and making a donation to help protect local STR rights!  

You need to have some time freedom to respond when issues pop up, you need to be willing to self manage (there’s a learning curve but doable) and it’s definitely an active business, ie not as passive as LTRs.

With that being said, it's always a good idea to keep some extra cash on hand if a deal pops up.

If POPS and HUBBIE arent interested in helping you refi your 50 % interest sfr's....Next plan up.

You can mostly control and predict the rehab (this is where experience comes in), but there can always be unexpected things that pop up.

to me private is mom and pop or company that does not hold itself out as a lender in any manner.. 

In our company we occasionally send clients or people we work with "thnks" and they are e-gift cards to various places, often tailored to fit the season (ie, holidays) or a bundled product with a cute name ("Sweet Treat" THNKS might be a starbucks giftcard for the exact amount required to purchase a mocha and a cake pop).

@Ari Hadar I don't know if it is the same on the app, but the @ sign and wait till all the possibilities pop up.

I googled “retirement plans for General contractors”, stocks and real estate popped up.