Building a strong network takes time, but collaboration with industry peers can lead to success for your mid-term rental.

A lot of the STR management companies have contracts with companies to house their employees when they travel for extended periods of time.

@Tyler SteinkeI’m having a real hard time getting past the $100 / month profit on a $510,000 investment!  

Due to horrible, and I mean horrible property managers in the area (the one known as being the best admitted to me she recently had an employee steal over a million from landlords and she didn't think it was her fault), I decided to hire a family member full time to start managing properties for me. 

I would evaluate the homes and their condition to determine which homes would be the best candidates for selling quickly.

-How long is the hold period, what would the seller/you be putting in with cash if any-What is the % of equity gained -Can any party get out early-What the risks, and who has rights to the deal

However, I have not heard of how the loan rates compare to the more frequented options.Context: First-time young homebuyer.

I was raised to be a "giver", but that has caused me to allow others to use me periodically.

Thanks, so it sounds like the steps to send the seller are:1) Letter of Intent (LOI)2) Earnest deposit based on a 21-days inspection & financial contingencies3) Coordinate time with the seller to have an inspection & general contractor (GC) walkthrough4) Calculate the amount of repairs/fixes required to see if it makes sense5) Ask the seller for lease docs (estoppels) in addition to rent rolls, maintenance, and all expenses6) See if the bank approves the purchase7) Purchase, send the tenants a document that says I'm the new owner, and start rehabDoes that sound right?

Does anyone have a method or process that helps make this easy and quick to manage?