I love real estate, and I love hosting, and am keen on making some connections on BP to help take the next step into my next property.Beyond being a hobby, Airbnb has so thoroughly juiced the returns on my condo (appx 2.5X long-term) that it only makes sense to try and parlay this strategy into a bigger and better play.  

Ask one of your previous realtors to e-mail one if you have to.Is this just a conventional purchase?

The business has been stable and profitable for the last 20 years, although we think we could rent the commercial space to someone else in the future if necessary.Please correct me if the following assumptions are grossly wrong:The SFR has a more potential stability in terms of demand and fixed interest rate, however there are more opportunities for unexpected expenses.  

It is extremely difficult to do the BRRRR strategy with turn key providers.But if you find the right team (e.g. realtor, contractor etc) in a stable market, you could potentially implement this strategy. 

She is a 50 or so years old who would afford a 100% or the rent , she has indicated in her application that her daughter (30ish) and granddaughter (11) will be living with her, they are under the occupant section of the application.This lady has a clean record, good credit score and stable job with the county public school system. 

In other words...your current rehab costs will translate into higher depreciation expenses on your Schedule E when the house is a rental property.Best of Luck!

@Ed E. agreed 100%@Edward Fagbemi What are you attempting to do?

Thanks for clarifying Schedule E vs Schedule C.

I prefer that tenants pay online, so a monthly e mail goes out on the 25th with their rent invoice in it. 

There are two that are most popular and both you can find in meetup.com Check out this Meetup with Masterminds of Central Texas Real Estate Investors http://meetu.ps/e/.xbmqsmywgbrb/xFM0N/dAnd also this one.