Right now we just have the one rental, so I will make sure to check out Innago!

Prior to understanding how to cashflow, I made to real estate investments simply because I didn't want my money sitting in the back. 

Build an SMB on top of your real estate (the reverse of #2)Short-term rentals and high owner-participation real estate businesses can have great returns.Obviously not for you if you just want passive RE.We are in the deep end here, where each case should be judged on its own facts and merits by your CPA.You should hire a professional to review your particular situation before you make an investment.

So the enemy method is the way to get a good idea.Check AirBNB and VRBO and see what similar properties are doing in the area.Also, Louisville recently tightened up the rules around STRs so check with the city and make sure you are good to go for a particular property.

You are basically paying a risk premium, if there are no issues the money you paid is gone. 

Thoroughly Review All New Client Requests: If you receive an unsolicited email from a potential new client that is asking for sensitive information or is making an urgent request, be wary.

I go and stay at my STR a few times a year to check in on the property and make updates or repairs where it is needed.

Thus, I decided that out-of-state investing would make the most sense.

So that should make it much easier (and quicker) for them to quote!!!?

For the very first year of the tenants living at the property I was under the impression that a notary was required to make it a binding contract.