Both mistakes stemmed from not knowing how different it would be having an open house late October vs. early September.10/22: I started using a google form for anyone interested to respond to a few questions (an idea I learned from this board).

I personally invest in both but Im local and its easier to keep an eye on bad behaving tenants.

Worst case would be having to wait 6months on the one you are closing on.

Treat all your tenants the same, regardless of how they behave, and inspect regularly.

And it's quite possible the interest rates (10-year government bonds) might not behave this time as they did the last--they might keep rising even when the economy slows (up to a point).

You shouldn't be having DTI issues provided you are buying good cashflowing properties, overlays pertaining to the "counting" of rental income is likely what is at play.

You will be having a parent as a guarantor and it is their credit score you check not the student.As far as your credit score requireent is concerned 600 is probably OK for  C class neighbourhood but if your property is B or better 600 is far too low.

I will only be there for 36 hours so I'm trying to make the most of it.If you're free Friday night, I'm going to have dinner at Bricktown Brewery at 3301 S Peoria Ave, Tulsa, OK 74105If you're free Saturday morning, i'll be having breakfast at the Old School Bagel Cafe at 6805 S Yale Ave, Tulsa, OK 74136Anyone interested in some networking this weekend?

In other words, everything is possible without affecting the due on sale clause.Something else to add here, I'm going overboard but since you might be having a lot of looses you want to make your return audit-proof:You must materially participate to deduct any tax losses from your airbnb activity.Use of a management firm makes material participation less likely.Use of a management firm increases the possibility that you will not be involved in day-to-day activities, and that lack of involvement will cost you any claim of investor time for material participation purposes.The IRS questions whether drive time counts for material participation purposes, and the court in Toups denied drive time as material participation time.

They will be having people live in the building.