Had a very great experience with them except for one thing.

If you have all this go see the property, have it inspected and make an offer if the property has appeal as a STR and its in a good location.You can always back out during the contingency period.Yes, I made a spreadsheet detailing all the expenses (except a property manager).

Cap Rate is useless for those types of properties except as a maybe a curiosity or factoid; it is about as important as what shade of paint you used on the exterior.At 5-units and above, property value is based on income.  

Here are some exceptions to the recording tax.https://otr.cfo.dc.gov/publica...

Vet all potential guests over e-mail, the exception I make is the Airbb guests with very high reviews, in that case I let them instant book.

Well except the Mafia and Politicians

Hey Armel, SFHs for STR in Nashville are exceptionally rare, due to the zoning restrictions.

in some states that's true other states thats not true.. in CA you can bring in current up to 5 days before after that its at lenders discretion if they will accept anything except payment in full.. 

There are a couple exceptions to the same such as:- Divorce or family size increment- Military relocation- Job relocation which results in a move that >50 mile radius from current house Make sure you stay in there for a year since moving out before then could trigger a mortgage fraud inquiryP.S: Just wanted to add this last-minute, DO NOT ENGAGE IN MORTGAGE FRAUD.

I just LOVE to get a deal (on anything); and especially in our "affordable housing" apartments we provide exceptional value in areas where reasonably priced, nice units are quite rare-- we are able to give our tenant a "a great deal"