There are other ways to get your offer accepted that can be appealing to the buyers like non-refundable deposits, higher deposit amounts, shorter timelines and others.

You'll be waiting a looooong time for a tenant to meet that criteria.Same goes for conviction & eviction histories:Class A - never (actually they fall off after 7-10 years)Class B - not in last 5 yearsClass C - not in last 3 years

You are dealing with your first eviction/rehab but if that happens again in 6 months and it takes months to evict will that financially stress you?

Just completed my first booking.com guest.

This past year they have started paying rent late to the point where the total accumulated time is about 3 months of back rent due.

It’s harder to BRRRR in the Tulsa area now due interest rates, you definitely have to buy at a great discount in order to be all in low enough toget all of your money out and the rents have to be high enough to still cash flow after all expenses (PITI, Mgmt, Vac’s, Rep/Maint, CapEx, HOAs, Util).Based on being “all in” $120K in order to BRRRR and still cash flow at least $300 mo:$120K cash out amount - at 7%/30 yr ($150K+ ARV)PI = $800 mo + Taxes $150 + Ins $150 = $1100mo PITIRENT would have to be at least $2000 mo- $1100 PITI- $200 mgmt (even if self mng, it’s exp for time)- $200 vacancies- $200 Rep/Maint & CapEx= $300 mo cash flow.

After many years of listening to BP/Real Estate Podcasts, reading, and building up my finances, I believe there’s no better time than now to finally jump into the real estate world.

There is so much that goes into buying an STR, especially your first one.

John Jacob Astor, America’s first multimillionaire, built his fortune by acquiring vast tracts of Manhattan.

Furthermore if they are always paying they probably will stiff you in the end if they know they aren't going to get the deposit back.