Love the STR arena of investing and providing a place where guests want to pay you their hard-earned money to stay at your place.

Quote from @Jason Wray: When you sell it just do a 1031 exchange by buying another property and call it a day, that way no taxes I actually want to use money to buy a new primary.

Use that money your saving towards deals.

Next lure in novice investors with promises they can replicate your success with little or no money when in actuality all you have to do is teach them how to buy low barrier single family homes and they will be appreciative because they don’t know any better :) All jokes aside, if you want to mentor/ coach obtain a real estate license and help investors purchase investment properties as you continue to learn the business.

They knew the laws, they corresponded with the tenants, and they sent notices and evictions.Did it cost money?

@Anna Cherubini most free systems will only offer bare bone options.Most of the systems that cost money do allow daily charges.

Maybe you can be the deal-finder/house-hacker and they can be the money/qualification side. 

I thought that maybe paying cash, I won't have to worry about mortgage and just reserve money for property tax, insurance and future home repairs. 

As an example, I had a resident call me for bail money at two in the morning.

Typically private lenders won’t you CJ long periods of time unless it’s astronomical Interest as money is constantly devalued and $100k today vs 20 or 30 years from now will seem the money essentially worthlessOnly reason it works for banks is because the money they lend actually doesn’t really exist they make it up due to fractional reserve lending