Do you charge an extra guest fee?

Take it one month at a time - in the grand scheme of things one extra month of mortgage payments (even at a higher rate) may not be so bad. 

Richmond has a host of traveling nurses due to the number of hospitals, so you can consider that route as well for short-term rentals in an extra room.Shoot me a message and we can find a time to talk if you're interested!

I always paid a little extra here and there. 

Multifamily I can do higher since I'm getting extra units.  

My lender said there would be no extra cost to us but this all just sounds to good to be true.We like the flexibility of having 3 loans (we could sell them as a package or separately over time), but I am wondering if that's the smartest move here. 

Nowadays in LA, you're probably talking $400 SF for a nice home with those extra footing and steel.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it.We have a 12 page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.

Now, I am comfortably covering the mortgage and making a few hundred extra in cash flow while I live upstairs with my partner in a 3 bedroom, 1 bathroom house.

Property was very well priced when i bought there in 2000 and with the exchange rate great deals but since then its just exploded and there are a few very big landlords there that own / dominate the rental property market and own 100s of million if not billion in rentals.