Additionally, income from an active business inside of a retirement account will be subject to UBIT (unrelated business income tax), so be sure to consult with a qualified tax professional about the implications. 

Get with a good agent who understands short term rentals because the more of these you do then you can scale the insurance under a Business Owner Provider Policy (BOP) and then you don't end up with a dozen individual policies out there for each property that cost you a fortune.

When we finance short term stuff we wait until we have an asset, then we will underwrite the deal and use a title company like a traditional closing. 

That was enough to get me through the door but his company offered a few other things I didn't expect such as an intro to the lender, title company, insurance agent, and property management team.

Which will bring plenty of other investors and general business to the area.

I have been busy with out of state investors but also housing developers and supply companies coming into the area.

https://www.biggerpockets.com/business/finder/property-manag...

Skills, tools, subs, muscle you have to complete fast on paper.Architectural plans with elevations.Plat map, drawing where house goes, title report, gas lines, cost breakdowns, temporary power...Reports of existing utilities.Notes on conversation with planning desk on time frame.Combining the two loan types can be done, you need to be a great secretarial story teller on paper.

Do not be scared to politely but firmly renegotiate with these established guests to terms that fit your business plan: raise price to where you cover expenses and require that they either rent from Dec 1 or from Jan 2.

I am a licensed MLO in Louisiana and would like to learn everything about the entire business.