Amy I talked to William off line I dont think he is a plant.. as someone who actually funds land flippers I was curious as to where these folks get the basic training..

Basically if there is no "living room" and there are no comparable properties with similar square footage and bed/bath count in your area the property becomes difficult to comp or sell and lenders will not be able to use it as collateral for a loan Excellent point.

This isn’t just about bookkeeping—it’s about setting yourself up for sustainable growth.Many investors use a basic system with at least five accounts: one for income, one for operating expenses, one for taxes, one for marketing, and one for reserves.

We have basically switch some of our properties from short term Airbnb’s to mid term rentals.Currently looking to buy the next property to help accommodate some of the requests we are getting.Anyone else getting these type of requests for mid term stays?

KS yoak basically made the situation worse.

you're "out of pocket" those costs, plus maybe a month of vacancy.my point - you're basically always out of pocket on a rental. sometimes the rent more than covers everything, other times it doesn't. 

There are some lenders who specialize in lending for double closes and will basically send you the money for a couple days but I personally haven't done this and don't know what the charge.

Basically, it took Mexico 40 years to achieve what took several times longer in Florida.

I believe that doing cabins now I can basically do the same thing that took me 15 years to do in houses in terms of growing a portfolio worth 10 to 12 million to where I'll owe 7 to 8 million (3 to 4 million in equity/net worth) that will net about 150k to 200k a year.   

When he sold it was basically a wash, less the cash-flow collected.