If the tenant had mentioned that they needed these appliances replaced before they moved into the unit, then that's a different story.

Hi,I am doing a lot of analysis of SBR opportunities in a few different places and talking to a lot of folks (i.e. agents and property managers). 

Also, this has only been my primary residence for a few months because I recently sold my other primary residence—not sure if that makes a difference.

I haven't used a line of credit for, so I'm not sure what I should ask for and how different variables affect the rates and terms.3) People have mentioned a portfolio loan to me, but I'm not sure if they mean a line of credit on the portfolio for each company or some other type of loan?

If I had time to take a 2 week course on it to figure it out, maybe I would have felt differently, but I'm looking for uncomplicated and if their stupid webmaster can't come off his high horse and make it easy then I'm not paying $50 a month plus the lead generation costs...and thats my 2¢

Is there anything different in terms of STR tax loophole if I do STR by the rooms?

@Jon SteffenHi Jon,  I'm in the Lake Tahoe, NV area and there are some different options for the Ski Lease, STR and MTR. 

I am indifferent to cash flow difference of 200/ month and 500/month, however, I do not want to be in a place chasing long term equity while being negative cash flow.For tax purposes, if I broke even at the end of the year, I would consider it a win.

If you want to use your income to underwrite the loan then you will have a longer seasoning / waiting period as those loans have different rules compared to loans underwritten by the rents / DSCR loans. 

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.