I am an aircraft mechanic by trade and my wife is an Ob/Gyn nurse practitioner.

<g> Although; me being a very clever mechanical contractor - I could fairly easily arrange to limit the use of the heat and A/C to sensible comfort levels.

I am considering joining LU in Houston as a Preferred (PIG) member for MF investing and would like some feedback on the actual mechanics and timeline from signup to cash flow from someone who has been through the process.  

Our duplex is through mechanicals so we are pretty far along.Will keep you posted.

Here are the numbers:ARV 110kRepairs 20-25kRent 950-1000Originally asking 35kBought for 20k, had to repair the back extension (mechanical problem) - 3kHere is the obstacle - I have people (marketing to investors) interested (numbers do make sense don't they?).

In a nut shell: you use fund "sitting" in your checking account towards your mortgage balance and with some mechanics you can use this account as checking account for your daily use AND at the same time make the funds work in your favor by lowering your mortgage balance, thus shortening mortgage years and paying less interest over the years.

I will fix any mechanical or electrical breakdowns unless they were caused by the tenant's negligence.

I get you are likely not referring to foundation or mechanical issues, but are roof, gutters, windows, siding cosmetic?  

I have never stayed in an Airbnb/STR where I had to open and close a pool cover so this is all a bit surprising to me. 7 safety measure(1) An enclosure that isolates the swimming pool or spa from the private single-familyhome.(2) A removable mesh fencing in conjunction with a gate that is self-closing andself-latching and can accommodate a key lockable device.(3) An approved safety pool cover.(4) Exit alarms on the private single-family home’s doors and windows thatprovide direct access to the swimming pool or spa.(5) A self-closing, self-latching device with a release mechanism placed no lowerthan 54 inches above the floor on all private single-family home’s doorsproviding direct access to the swimming pool or spa.(6) An alarm that, when placed in a swimming pool or spa, will sound upondetection of accidental or unauthorized entrance into the water.(7) Other means of protection, if the degree of protection afforded is equal to orgreater than that afforded by any of the features set forth above and has beenindependently verified by an approved testing laboratory.

For instance: Title lien, First mortgage (or other), HOA, Mechanics lien, Gov’t lien, IRS lien, Environmental lien, utility lien, code enforcement lien, child support lien