The first approved applicant is offered the rental and I give them 24 hours to pay the deposit and sign the agreement.

Has anyone experienced pushbacks on short term rental licenses in unincorporated Miami Dade County?

Now I have an investor who's been paid, and a renovated rental property with a tenant that I haven't really put any of my own money into. 

@David Flores I think they make the owner qualify for the fha loan by themself unless there is proven rental income from a second unit with a signed lease in place.

If its a rental house I would let it fly until I had a problem.

Hello,I am interested in purchasing a short term rental in the Ludlow, VT market but am struggling to cash flow in my analysis.

Here are some things to consider:Most investors don't need software until they have 5-10 rentals.

With partners or a property manager, it would take more units.To get to $10,000/month ($120,000/year) in mostly passive income, you may need 50-100+ rental units depending on the cash flow.

In addition rental income covers all expenses including vacancy, maintenance/cap ex, pm, Pitt, etc.  

Financing is a crucial factor when finding your next rental property, and there are numerous ways to secure the funds needed to close a deal.We want to hear from you!