END QUOTEIf someone submits BS documentation for an emotional support animal, they are notified that their application is being put on hold until additional valid documentation is submitted. 

I don't hold a property vacant for more than 14 days.

Ask any experienced real estate investor and they will tell you that the most important team member you can have on your buy and hold team is your PM.

If you hold your property for less than 12 months, it is considered Short Term. 

Once we are done w rehab, brokers do get back the listing from us at full 3% listing commission or get bonuses when we decide to hold.

These people have just seen the ownership of the roof over their head change hands.

You may find it difficult to obtain financing from private lenders due to the fact when utilizing SubTo, you don't actually hold title to the asset.

Primary reason for wanting to do STR is because I'm interested in gaining hands-on experience with this strategy so I can apply it towards longer-term goals in more traditional vacation markets. 

There's maybe a handful of neighborhoods worth it's spit in Philly.

We start with the ARV and back into the target price we're willing to pay by subtracting out the rehab budget, contingency reserve, profit margin, buy and sell side closing costs, and holding costs for the time value of money.