He got a tattoo on his arm that say Baby.

Lately STR co-hosts have been exploiting a loophole by offering limited services like scheduling cleaners, handling complaints etc. while explicitly avoiding any leasing, marketing, or money transactions/ activities which would require a license. 

When I bought my duplex I bought it in an LLC and got a portfolio loan with terms that were not great.  4.5%, 5 year ARM with a 20 year amortization. 

Most people never invest, not because of the profit or success potential, but because of the boogey man or failure and they don't wrap their arms around it. 

They offer the lowet rates if you have good to excellent credit with rates as low as 6.25% which is set up on a 3 Year Hybrid ARM. 

The bank I'm using is offering 4.25% interest on a 5 year ARM, amortized over 20 years.  

My general advice is to explicitly forecast all future cash flows from the property through and including its eventual sale. 

I knew about the local investor group and am just now getting my arms around when and where they meet.

Thanks guys, yes, explicit in the lease

We got the first 12 months interest only, 5.5 interest rate, 25 year AM, no prepayment penalty, and $50K of renovation funds 5/1 ARM How did you add value to the deal?