If you are or become an accredited investor, you can make straight cash investments into funds, which are small portfolios of properties.

I feel like it's safe to assume that when most people see the letter in the mail it just goes straight in the trash anyway. 

Just trying to be creative with positive reinforcement cause you can also go straight to 10 day notice and threats to split the fine across all 4 units.  

Renting properties for STR does not come with the upsides of tax savings, appreciation, equity build up, etc.I agree with the sentiment expressed by others that diving straight into STR, especially with a property that is cashflow negative as a long-term rental (LTR) or through arbitrage, can pose risks.

For example, if you get a good tenant in there with a medium/long term lease - you can take that straight to the bank to readjust your current note or take out some extra monies. 

In fact, we had to hire a bookkeeper just to keep everything straight in QB for us and it was expensive!

Also, I did held back 10k on an escrow account, but as I understand it, it wont come straight back to me?

That being said, we are currently exploring financing options for funding our first investment property purchase which have brough up a couple questions we cannot seem to get a straight forward answer on: 1.

I invest in central Wisconsin and the only reason I don't do more is I can't find deals (even here, the market is hot) also as market is hot everywhere, one of the way to make money is by controlling the opex which I would reallocate the fund to invest locally in California market, actually I would make more money if I just invest locally rather than OOS. i am no longer chasing one or two hundred cash flow but straight 50k 100k a year.....i'm done collecting doors lol

we know that's a straight lie.