So far this is what I know- they list on all online platforms for free- they take photos for free- they have a 24/7 call number for guests/bookings- they will contact the cleaning business of my choice or suggest a partner in the area.

Hi all,New to Bigger Pockets but started following real estate closely a long time ago.

To add a 4th point if you will, more like point "3a" (it's kinda closely tied to your 3rd point), if the Buyer ever wanted to sell, the Buyer would be "locked in" to that deal for at least a decade or until the house was "above water".  

But Generally, most lenders will want to see that the lease or market rent can support the mortgage payment, the borrower does not intent to live in the property, the borrower has 20% down + closing costs, 6 months reserves, and credit is above 620. 

(Currently own a 4 unit rental and 8 acres planned for development in the near future).I have just received my closing disclosure and boy is it ugly.

A low-cost way to do it would be to paint the walls, the garage door, and close off any access to utilities.

I am a new landlord in my mid-twenties who just closed on a duplex in Ferndale (an area of metro Detroit) in early April.

That said, we don't need to be next to family but being somewhat close by has advantages so those places are favored somewhat.The strategy is to buy, househack a value-add multifamily for 2 years then rinse and repeat until we can build up enough capital to either start developing, move to larger multifamily or the wife wants to start a senior care facility. 

DSCR Loans are going to be standalone 1st liens too (in addition to can't be used on a primary) - you should look into a HELOC or closed end second potentially

I see you're also in CA fairly close to Valencia, you do your SF deals in CA or OOS?