Experience-based tips: What lessons have you learned that could guide us on our journey?

I set the amount based on what I think the lowest number they will go for - I can always increase it if they say no.

However, learning QBO or similar software is worth learning if you plan to scale.

This will not only help you keep your finances organized but also establish credibility with potential partners and clients.2.Utilize Tools and Technology:Equip your REI business with essential tools such as a Customer Relationship Management (CRM) system, Multiple Listing Service (MLS) access or real estate software suites, a professional website, digital business cards, and a Facebook business account.

If you don't go over 2 weeks, there is no penalty.I am betting you will only be able to do a partial deduction on the expenses based on only part of the house being an actual STR.

Hi Dan, DTI only allows us to borrow a total of 750k based on my wife.

I am an investor (small MF LTRs) and realtor based in Fort Lauderdale. 

DSCR loans qualify the property based on the income-to-expenses ratio.

The base price for townhomes in my community is 386K, SFHs start at 414K and the next home (new construction) scheduled to close in June is closing for 699K (just to give you an idea of range).

, but so far, have yet to find one that will open a HELOC in my entity name/based on DSCR (they're all wanting to look at my personal DTI).