This sounds more like a personal loan, or if this is legit they might charge you a ridiculous interest rate.No closing costs?

I personally made some adjustments but overall it works well to analyze deals. - The weekly calls are consistent and offer great support to getting deals locked up.

Limit her contact with the potential tenant and let the person viewing the property know that the person who currently rents the room will be there.

The loan is based on the income of the property for qualifying purposes (in addition to credit score) versus your personal income.

@January Johnson is a goto person for Florida.Also, do a search on Gulf Shores and you will find more people and info.

I don't know how the average person could afford this. 

(busy, but not making our listings a priority)@Ronald Rohde I can personally (DFW) relate to this on a deep and meaningful level!

Your $80k estimate could be legit but unless you had a contractor estimate, which we always bump up, or we personally walked the house to confirm, we use 15% of the ARV, or $94.5k in your case.

@Sushree MohantyI don't personally invest in STRs, but there are a ton of posts on BP from California investors looking to invest in both STRs and LTRs who ask for market suggestions. 

He's in that area and actually started his journey house hacking in MA so could be a good person to talk to!