The loan application form he asked us to fill out asks for other real estate owned. 

With the few we have had turn in the winter, we do seem to get a good applicant pool to choose from but efficiently working turnovers in Nov/Dec isn’t ideal for our model.

If you have not begun applications for relief funding, here is the link for the SBA.

I ran and operated numerous short term rental properties successfully between 2007-2015 wayyy before Airbnb became so popular and everyone in every corner decided to do this as a form of extra income.

Different locations have very different rules and all advice is not applicable to all areas.

Hello, is this still applicable to 2022?

You will need to clarify details with your lenders but FHA and first time buyer loan products are typically owner-occupant loans, so may not be applicable in your plans.You also mentioned contacting a Realtor in California- they should be able to help source out a Realtor in Boise to help with any purchase there.  

You can find numerous BP articles on these strategies and they are very, very powerful strategies. 

You want to be fair and give the first person a reasonable amount of time to sign a lease and provide a deposit, but if that first tenant is dragging their feet, then your friend shouldn't turn away qualified applicants who are ready to move in.

I'm a brand new REI. since 2016 I have attended numerous classes and seminars, heard hundreds of podcasts (specifically on BP) but never had the guts to make the move until about a month ago.