Hi All, I'm freshly starting my MTR and have quite some questions that need your help: For tenant screening, I plan to do the routine background (eviction, criminal) screening and credit check.

Lets say you are waiting to get that cash flow flip in 5 years; a new roof, HVAC, routine upgrades and the other stuff I mentioned can leave you in the whole another 5 years once it collectively adds up.

Those should fall under routine maintenance.

If you're going the umbrella insurance route, perhaps see if it will cover you for several things including just the routine slip and fall (like mold or earthquake).

Local realtors put out videos reacting to some of the horror stories landlords have lived through as well as recent law changes pertaining to the topic.Non-RE related... perhaps something that shows you in a more personal light... highlighting a restaurant you went to, a new workout routine or supplement you're trying, a book you're reading, hobbies/activities you engage in, etc.

The mentor wants you to assume that you will be getting a lot of work out of them for such a percentage.

I have contacts who routinely install hot tubs at every STR property and do well; you are in a market where there will be professionals who can help maintain and service a hot tub. 

Then when I find a property that doesn't have too many repair, maintenance, or permit issues - the numbers don't work out or the sellers won't work with us to find a middle ground.

Sounds like somebody was trying to mix business and pleasure and it didn't work out.

In this market where asset is having high valuation in relative to rent income and money is expensive, if Becca is buying another OOS she would create more infinite rabbit hole as upside is quite limited and may need more time to work out.