Hi Donald, it is awesome to that you're shopping around for the right platform to help you with managing your first rental.

For those that we are keeping on AirBNB, we are reducing base prices, increasing discounts for longer stays, including sanitation protocol language, changing to flexible cancellation, listing on multiple platforms (VRBO/Air/Booking.com), optimizing listing titles & photos as much as possible. 

I have a 401k, ROTH IRA, and traditional IRA. 

Traditional mortgage, 5% down Lessons learned?

Would'nt a deal like this be very difficult to finance through a traditional lender?

They will realize that the traditional office space is not necessary.

I would advise that you reach out to them directly on their social media platform. 

I'd like to take advantage of the low-interest environment we find ourselves in and borrow to finance this although I do have several investors if needed.For reasons I don't wish to expand on I do not want to work with traditional lenders as I'm not willing to go through the time and expense of a Phase 1 and or 2. 

His company GC realty does a great job and covers most of the Chicagoland area.However, ff you are interested in self-managing at ALL you should definitely check out our platform NestEgg which offers automatic rent collection, tenant finding, and most importantly we offer a full-service maintenance service. 

On properties that I need to get the best possible rate on and the lowest fees I bring in a money partner to help qualify for the loan and I go with a traditional lender, usually a local bank.