Hey All, I wanted to get some advice on how to use other people's money to purchase a long-term rental property. 

You can speak to the lenders you are talking with about their debt to income etc. if you are getting conventional loan they will take that into consideration, if you go with a DSCR loan they look more at the metrics and financials of the property.

You can't have 2 listings for same property on same platform.You could have a seperate houfy (or similar) account for direct bookings.

You didn't talk about condition of the property.

Have you considered using long-term rental loans to finance your properties?

I was a little busy dealing with the hurricane (buttoning up both rental properties as well as my primary home) and evacuated myself on the 8th.  

I have four long term rentals that I self manage.

For rentals, focus on properties that generate solid cash flow after covering mortgage, taxes, insurance, and maintenance.

Hi,I am planning on setting up a multi-member LLC either in North Carolina or South Carolina to house the rental properties under, and wanted to reach out to the community about which state is more favorable to holding rental properties - assuming that the property can exist in either state.Thanks in advance!

Purchase price: $594,000 Cash invested: $153,000 Closed on my first investment property,A single family residence of 3000sqft ( +another 800sqft unfinished basement) on a 0.25 Acre lot.