STRs absolutely can and will cash flow - if you self-manage (completely possible long-distance) and if you have an appealing property in a solid market (PCB certainly seems to be).  

. - Application. 

He will be required to list his housing history on the loan application along with a list of real estate currently owned.

In five years of doing this, I've never had an applicant not tell me what type of business they plan to run out of a unit.There were two times that stand out where an applicant failed to list the type of business on the application and seemed kind of wary of telling me. 

Some of the "substance" can be take it or leave it, and you can potentially be a little more self-directed.  

As a self-employed musician, I finally have 2 years of high tax income being shown, and I have some cash to buy now in Los Ange. 

Marathon specifically has an application for the rental home.

I converted a portion of my IRA to a Self Directed  IRA (SDIRA). 

Hi AllAny investor self managing a vacation rental in Palmbeach Area?

Things like taxes, etc are no problem but when I do my periodic walk around our city and spot an unkempt house/apartment building how do I tell if the owner is well positioned for self finance, etc?