The only problem is if a flip it, i'll be subject to short term capital gains.

My short term goal is to learn as much as possible through books, BP site/members, and BP podcasts that I listen to everyday.

First, just an obligatory precaution, I would make absolutely sure local ordinances allow short term rentals.

If you send me your email, I can get her info over to you shortly.

Not sure on this one, talk with Scott.So, in short, you want them separate for accounting, taxes, and asset protection purposes.

Long story short, I wouldn't worry about including the pre-paid/escrow items as long as you don't forget to bring the money to the closing. :) Disclaimer: While I’m an attorney licensed to practice in PA, I’m not your attorney.

Looking for a great insurance broker who is experienced in handling house-hack situations.We may short-term-rent our primary-residence unit within SF regulations (up to 90 days a year), which we will also want to account for with insurance (been looking through posts here about some insurance companies cancelling people's homeowner's policies when they hear about STR setups so want to make sure we're above board and with a supportive insurance company).  

All conveniently located in walking distance to Downtown Phx, coffee shops, restaurants and light rail.Looking for input about this deal.

We have a couple of friends that live down there within walking distance of Sailfish Marina, in fact, we'll be sitting on the peanut island sandbar here shortly...there's no better place to get some quick R&R and take in the "sights" Florida has to offer.

It's generally easier to go from short term rentals to longer term ones but it's not a guarantee.