I've had tenants for many years/decades and I do everything I can to not raise rents or minimize raising rents as many of my tenants have become like family. 

It is also your responsibility to try and find a tenant in a timely manner to minimize the vacancy. 

Buying in a good location and screening tenants really well minimizes a lot of this type of risk. 

The rest is super easy.I won’t minimize the importance of vetting the property.

. - You're minimizing how much is coming out of pocket when closing arrives. 

My mortgage is around 1200 and average good shape and expenses are very minimal.

The work here is minimal, but it does require someone to be available 24/7.Has anyone been able to successfully outsource this part of STR management?

How would you structure a deal so that the private money could cover the down payment and fund the rehab in order to minimize money out of your pocket and being able to pay the private lender off when you refinance? 

Doing the project ourselves has deem more cost effective, therefore minimizing our rehab cost.

He has tons on real estate investing. with a strong emphasis on tax minimization and asset protection.