I will honor their current rental agreements but plan on increasing rent as much as 70% (owner was paying utilities too) with the next agreement. 

I've used instagram for the same reasons everyone does (mainly sharing funny stuff with friends) but I've also made a decent little lead generation tool out of it. 

How do you approach someone who's living in a $1M house and driving his-and-hers $$$ cars and explain to him that the fact that his wife is endlessly determined to prove to her own mother that she could have more kids and turn them out better on Sunday by documenting it on Instagram is the main thing holding him back?

Then you have the utilities which can add up until you get it rented.

Then you could also get another STR somewhere else, as you could utilize a low down payment loan on the primary.Denver is a great area to invest, and I always prefer investing in your backyard!

The 50% that was saving each month for the down payment, now covers the Morgage and utilities, and with the phantom cash flow coming in now, it can now cover part of the mortgage as well.

Current plan is to save for the next 1-2 years, then utilize a physician's loan (one that accepts PharmDs) to fund the 10% downpayment of a triplex/quadplex in San Diego, CA to owner-occupy.Was hoping to get some perspective on the following questions:Any notable lenders of physician loans (accepting PharmDs) in CA? 

My market is hot, but I’ve still been able to source some things that for various reasons have either sat a while or I was just able to utilize negotiation and holding firm on what price I was willing to go to to work to my advantage.

When you get your $140,000 loan you will be paying substantial costs and while you are working on the property you will be paying insurance, property taxes, utilities and I will bet the cost for heating while you are working during the winter will eat up a lot of cash.

Obviously on a long-term rental the tenant would be responsible for all the utilities lawn care and would be much less management intensive as I would have one person in there for the entire one or two years.