Most quality PMCs will not manage these properties as they understand most owners won’t pay them enough for the time required and even then it’s too difficult successfully manage them.

He said we would utilize a payment service to ensure payments are made, and also a "performance deed", so that if they stop paying I could reclaim the property without going through a year-long foreclosure process.  

If you pay back all the upfront capital needed to fund the deal, the return becomes infinite after that, so that plays heavy.  

He has an ITIN and pays taxes. 

I was wondering what is the best way to screen future tenants if I don't want to pay for a monthly subscription like tenant cloud or rentredi? 

Let's look at MSA median incomes, because reality is when "investing" in a MSA Real Estate, well, revenue and profitability will be DIRECTLY dictated by your customer bases ability to pay, right. 

The house was appraised at 450k and we’d be paying her sister 200k.

It is possible, if you time it right, to get two bookings on one listing at the same time (a late cancel who still has to pay and a last minute guest booking). 

So instead of paying the bank for a home equity line of credit on my first home and paying them interest, I was able to use a personal loan to myself via my employer 403b and pay myself back with interest. 

So if I liquidate money from my business credit cards and open a forex brokerage account and pay for a trading bot, is the money i use to pay back the credit cards and trading bot taxable?