Because there was one other STR on the block ahead of me, these people knew that a STR means immaculate properties inside and out, and an owner that cares.Let these neighbors of yours know that because of you, this property will always be the nicest in the area.

Just visited your page and it looks like you have a wealth of knowledge on investing and many other things.

I would HIGHLY encourage you to get prequalified ahead of time when doing this strategy.  

I've definitely learned three valuable lessons: 1) the importance of making sure the tenants change filters regularly (and understand the consequences if they don't); 2) the importance of talking directly with the vendor prior to any visits, and specifically re: discussing pricing and preauthorization / do not exceed limits, etc.; 3) and that I shouldn't waste my time and energy on worrying about an "issue" as small as this (that is to say, worrying and spending time after the fact, after the work has been done).

Meaning, if you're renting for $900/mo and your current mortgage is $700/mo, you're $200 ahead, minus another rental for your family's needs of $900 (assuming you'll be renting same-ish size as one you're looking to rent out now) = -$700/mo so this would be pulled from the cash reserve amount or monthly income amount.

Maybe Bowling Green has a medical community tied to the University which would provide short term guests doing internships or visiting professors. 

The couple is seemingly in their 70s and disabled, after visiting the home I'm legitimately concerned for their health and safety and feel like its my obligation to try to help.

If I were you, I would pay a visit and figure this out myself.

Me and my husband visited the properties very early this morning to get updated pics and found most had been vandalized and some even had squatters who made it clear they weren't leaving without a fight.

Do I HAVE to have a contractor lined up ahead of time to use these funds as part of my delayed financing?