I am thinking of installing one in a studio apartment.

I want to scale to maybe 10-20 rentals and $25k-$75k a month using rentals, wholetailing and maybe a cosmetic flip.

So we are faced with a tough choice: do we rent our home out and lose about $200 per month because of high HOA costs, OR do we sell and hopefully break even?

The applicant makes 1900$ monthly and will be responsible for 689$ from the entire rent. 

I have an updated single family ranch home 4BR, 3ba ~3000 sq ft in suburb of Cincinnati, OH that is currently leased at $2700 per month.

Am I reading this correctly that I can not charge late fees that total more than 10% of the monthly rent even if I have a different amount in my lease and only own 3 rental properties in Virginia? 

Mid-Stay Rentals (MTR) offer steady money with leases from 1 to 6 months but with okay cash chances and strict rules.

Would only need the loan for 6 months. 

We translate all of the PM software data into their QBO(s) each month to show complete financials (property-specific & non-property specific transactions all in 1 software).The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.

I run a BP investor focused meetup for the Wilmington area - we meet on the First Tuesday of every month at Mad Mole Brewing.