They do this by adding you on to one of their 'perfect' credit cards that have a high limit, usage, and also paid off every month.  

They are dealing with more lease turnover caused by deaths of residents, high labor expenses for different levels of care (IL / AL / MC), as well as finding employees that want to do this work.

Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.

This is a fantastic breakdown by Ty. 

Quote from @Olga Daisel: You offered to terminate his agreement early in exchange for three months of rent.

The easiest way to understand why is to ask yourself how mortgage rates have been able to move down by more than 1.5% since late 2023 despite the fact that the Fed never cut rates during that time.The same principle works in reverse as well, as seen during the massive rate spike in early 2022 when mortgage rates moved 1.5% higher before the Fed ever hiked.How about an example from the last time the Fed actually cut rates in a non-emergency scenario?

@Nick TroutmanThe Airbnb calculator has been replaced by a downloadable excel file which you can get here https://www.biggerpockets.com/airbnb-calculator

Fredericksburg tops the list, followed by Corpus Christi, Galveston and South Padre.

Non-warrantable requires specific financing and most lenders (Do Not) offer that type of financing approval.

The BiggerPockets forums are a treasure trove of information—take advantage of it by asking specific questions as you progress in your journey.Plan for the Long Term: Multi-family investing is a long-term game.