my recommendation would be get a bridge to dscr, and certain lenders will work with you to not charge points on each transaction if you go through them for both transactions.

If the property is rented out, close earlier in the month to get more rental income. 2.

Keep it simple - Have one bank account just for your business / rental activities. 

I've been investing for 10 years and have experience with long-term, mid-term, and short-term rentals. 

For detailed information, visit the City of Tuscaloosa Short Term Rental website.

Some investors I know are also exploring turnkey rentals in more affordable markets to offset the higher financing costs.

As the tenant moved in the first week like 5 things pop up ( leaks/ Water heater not working and several other small things) the total is going to be about 800$ i found a local guy to repair them but his labor plus trip charges and parts are racking up, and hes cutting us a deal because his per trip charge is $125 Range. 

Hey Joey, I would but I don't buy in CP anymore for rentals.

Quote from @Steve Wilson: New to BP, anticipate buying my first rental property in teh next 3-4 months and hoping to solicit recommendations for home insurance in the Detroit/SE Michigan area.

This is important because many newer investors try t make their rentals like they would live in them instead of, "Maintaining to the Neighborhood".- So, a Class C rental, should be maintained to Class C standards, not Class A.--- You can go up ONE Class (maintain Class B to Class A standards), but not more than that.