I have never done this before so I'm looking for insight on questions/criteria/ideas when speaking to banks on their programs or anything related to this approach.

An aggressive approach would be to own 3 - 4 Subway (fill in the blank with the business) units which would allow you to have a General Manager AND the Real Estate (say $425,000 per unit). 

If so, I would love to have a discussion on your approach.

This seems like the best approach for example a condo/townhome in FL because you can find low purchase prices, as in a comparable growth market like the Carolinas or TX.Does anyone have experience with starting out in short term rentals like this vs.

@Justin R. there is focus on sprawl and in-fill building...nothing in this city will ever crest 40-50 stories I can guarantee every new development is mixed use...and developers are reclaiming thousands of acres of corn field for ****** one-off residential developments for the lamest buyers in the market to call home...multi-prong approach of intentional underbuilding and constant fights with the locals who want neighborhoods to stay stagnant.

Most lenders take a cost approach if you are trying to refinance prior to owning the property for 6 months.

Please reposition your approach and maybe reach back out again in a way that isn't ...

I am still in year 1 as a new landlord and as I look to expand my portfolio wanted to get a sense of how people approach this issue. 

Anyone else have success/regrets with this approach?

@Crystal Smith - These details are very helpful and your approach makes a lot of sense.