Also, you have to go after the high producing agents where the $500 is a drop in the bucket and you don't have to turn into a debt collecting agency.All the perks you offer will bring agents, however you don't wan the agents that make one sale and you don't see them until next month.

If you have fixed debt on your property, but people can pay more because they have a higher income then nightly rates should rise or at least stay close to the same in theory.

There is two options: Option 1: Take on the LP funds as additional debt, not equity.

So you could buy one property with little or no debt. 

Bummer, I will refi the property and then pay off the debt.

The fact that the lender changes and possible the debt service changes does not in any way negate the cashflow. 

Here's where buying below UPB is so important since performing note buyers base their calculations off of UPB, not total debt.We are more aggressive, seek out the more delinquent notes, so getting re-performers is rare.The best out of the 3 looked like this:Purchase price:     $148,500UPB:                     $149,059Total Debt:           $217,829Market Value:       $224,500Sold to 3rd Party: $200,000BidderNet Proceeds:      $190,830Net Profit:           $34,034I would definitely buy from Revolve again in the future.

My big concern is how can I transition a cash purchase into long-term debt and how long would that take?

Get rid of debt, build a budget, and save.

ie; eliminate personal debt, invest in better data metric platforms for leads, invest in direct mailing or perhaps join mentoring and mastermind events?