The company I'm working with won't count rental income until it has been collected for two years.

In my opinion they should be collecting my lost rent as my priority #1 and if they are able to collect their listing fee from the tenant on top of me getting paid on my losses from them good for the PM. 

Do you have a proof of funds or a vetted million-dollar buyer list?

I understand that you can only transact as the principal, but can you collect commission when you buy?

A portfolio loan is where you take more than one property and finance it collectively.

Originally posted by @John Underwood:People will just find a VR closer to home, they will still find a way to go on vacation. so does this mean that the smoky mountains are more recession proof than other short term rental markets? 

The rents they collect during the month of october is insane and using it as a reason to get out of town and do something fun with the family, I thought, was a great idea. 

The plan as discussed with both realtors was to have the current owner collect the November rents  and then hand  those to the escrow company.  

If you want to buy it in an LLC you will lose most of those benefits.I’m no expert but the Pro’s of owning properties in an LLC do not compare to the pro’s of buying as a personal residence.I’ve done 3 househacks so far and collect via Venmo linked to my personal bank account.

You may be able to do this with rent by the room too if you can show proof of leases, though I’d speak to lenders about that.