After having some difficulty finding qualified tenants who could afford the rent, a highly qualified tenant approached me asking to lease one of the houses using an STR arbitrage model. 

They seem to have a good business model and one of the owners is an investor himself which is definitely a plus, but they charge a leasing fee (to find and get a qualified tenant into the property) equal to 1 month of rent, which comes out to an additional 4%-8% on top of the monthly 10% maintenance/management fee depending on how long the tenant stays.

Hey BP family,I am new to real estate investing but would love some experts insights so I don't get burned on my first dealThis is the property: https://www.zillow.com/homedetails/724-N-22nd-Ave-Bozeman-MT...My thoughts are my wife, 8 month old and I could live in Unit A for a year or two while we rent out Units B & C to help cover the mortgage payments until we build/buy a more desirable family ranch home with min 10+ acres which we've been looking for but have yet to find.My hesitation is I've never been a landlord and am reluctant to get in over my head with property problems while simultaneously growing an online business and being a new father.After some negotiation we counter offered 895k with a 2-1 rate buy down for 20k and the sellers have verbally accepted but since our offer expired we need to resubmit.

Secondly, technically, to qualify for a second home loan, it must be located a specific distance from your primary residence or in a vacation or resort area such as near the ocean or by mountains.

Some of the people may be friends or extended family that is hard for her to control, but she is ultimately responsible for.Would you rent to her again?

Most of the units I owned have room partners so they pay rent by their own individual bank ACH.

The asset return, in my opinion isn't there due to the location and lack of new businesses moving into the area. 

I am with Avail also for rent payment.

If you pick a premium cash flow location like Sedona and kick butt with your strategy, the money is coming.

My credit union account shows the following entry:: "Withdrawal RT # NOT DEFINED [TENANT'S NAME HERE] 6060, -$1950.00." indicating that the deposit of the tenant's rent check #6060 in the amount of $1950.00 was reversed, resulting in a debit to my account of that amount.