@Andrew Rodriguez  That statement you made , and that alone would tell me to run away .    

The first thing I want to point out is that it may be wise, in your thinking, to separate the property itself from the STR business that's being run from the property.In the old days (as recent as 10 years ago), people buy a vacation home to enjoy, and they leave it empty when not in use. 

Hello folks,When running BGC and other reports on potential tenants and having applicants pay for them, do you run them for all?

Anyone that is looking at your assets is always going to need to factor in property management, so you can show that as a real expense (and really make it as high or low as you want).I work in a vertically integrated real estate and development company, and I cannot imagine how things would run if we did not have an internal property management company that essentially works for the other companies but also stands on its own.

Funds are beginning to run extremely tight.   

Can easily get fee worksheets and run credit/DU 3.

Glad to see you are taking the time to run numbers first!

I own 1 rental outright, I paid 70k rents for 1000 monthy. I am in the process of refinancing for 100k to purchase a second property. I am using a dscr loan. what I cant understand, is why are my closing costs so high...

This could mean either spending at least 500 hours actively involved in the property or ensuring your involvement exceeds that of anyone else, such as a property manager.

Are there going to be banks involved, creative seller financing or all cash?