We don't specify who pays the deposit or who pays the rent - if anything comes up short, everyone gets the boot.

Long story short...the person whose name was on the title was not cooperative and we have since had to take legal measures to do a quiet title action that wont be completed until mid August.

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).  

I gladly paid a 7% premium for quality work, done right the first time and fast.