I wanted to add an update to this since the Atlanta STR legislation is so uncertain right now. 

I have my STR in Kona, so I'm your competitor.I handle everything, when I bought the condo is not even have permit, so I purchase with LLC DSCR loan, then I apply for the permit, takes a while, everything is so slow in the island.

:)haha spreadsheet is so 1984...

Your words and advice is so encouraging, thank you so much Julie!!

Look:The reason you need to do more to make it "work" is because:The success rate of that strategy is SO DARN LOW that you need to send THOUSANDS of mailers, calls, or texts to COMPENSATE for the low performance of that strategy.So in other words...Because it does NOT work, you need to do a LOT of it, to compensate for the fact that it  does NOT work, to get a deal... so you conclude..

It is so hard to find a cash flow property now, and we probably will never see that low rates again.

It means that your cash flow is so great that you cannot offset it with tax strategies.2.

Most likely the seller is. So

Second, a good reason to understand the due-on-sale clause is so you can negotiate it out of future deals, or at least negotiate room to transfer to companies where you own an interest.

there is so much support and insight on this platform. also, there are a bunch of meet ups in and around the Nashville area should you want to meet people face to face. this could give you an opportunity to meet people with little to no experience to other investors doing major deals in our area.