Expenses unique to short term rental:- Utilities (trash, water, sewer, gas, internet, tv)- Cleaning and prep- Consummables (soaps, towels, linens)- Hotel taxes (this depends on your locality)Also, to Rob's point, it is more management intensive than long term rental. 

When I’m stateside, I have a rather transient base, usually crashing with friends and family in CA, but by no means limited to any specific geographic region.

Make sure you understand the unique lending parameters of a bridge lender before submitting a loan.

However, our situation is unique, with using the GI bill for school and not planning to have a "full-time" income (we have toddlers that I stay home with).

For those of you not aware, I was a real estate agent previously in California (also with RE/MAX).I will be working in the Houston area, primarily in the Northwest region, and would welcome the opportunity to help any buy and hold investors and/or sellers of rentals (homes or small multi-families).

My current portfolio lender is a regional bank and has been great.

It's truly unique.

@THANG BUI I know CA is a unique place, but without the cashflow of property 2, how would your mom maintain a 900k property and the debt service on 605k on a 50k income? 

I have a unique tax situation that has come up since I started this thread so I'm having to go with a C corp.  

I have listened to almost all the podcasts, read RDPD, Millionaire RE Investor, and a few other investing / landlording books.My situation is a bit unique for several reasons.