Factor that with a total-loss fire, half a dozen insurance claims for smaller fires, easily a hundred evictions, a thousand months of uncollected rent, and a shooting in 2010 that is as close to wearing handcuffs as I desire.If you live in Toledo and are ready to holster up and manage your own portfolio then 43608 has some real potential. 

It is a specialized accounting software specifically for short term rental hosts.

We are looking to dive back in soon when prices come back down over the next couple months/years.

I did not want to add too many details to keep this post short but I am happy to add pertinent information! 

Odds of finding a 10% down lender in any market (let alone the one we are in) are slim. 15% is the absolute max that we see out there in the DSCR space now.

In markets like Memphis and others here in the southern/middle part of the country we are still able to cash flow despite the interest rate environment. 

I am trying to start doing short term vacation homes/rental properties.

Purchase price: $260,000 Cash invested: $5,000 This was a short term lease option agreement to help the original owner get back on track with monthly payments and upgrades.

We are looking for a structure that will permit us to easily raise money without complicating the management level.Curious to know what people recommend for jurisdiction and structure for such an entity.Thanks in advance for your help!

Kudos to the sponsors that are being transparent but many sponsors are not, and continue to provide the "we are not distressed" messaging up until the day that they send a capital call request to investors.