This also leads owners to ASSUME simpler is better when it comes to management contracts.

@Voley Martinyou said"Eventually I definitely want to own my own LTR and STR's but I've got a big learning curve with that"I'd argue that having an LTR that is managed by a property manager is infinitely simpler / way less learning curve than STR arbitrageI'll ask you a direct question: do you have funds for a down payment and reserves?

This also leads owners to ASSUME simpler is better when it comes to management contracts.

Folks don't stay in Cosby to to go those places, same concept for Newport.  

@Scott Sloan   I would echo Chris in that it would make me very nervous that you had to coach your originator about Delayed financing which is a concept every LO should under stand backward and forwards. 

Having a good hard money lender would be a wayyyyy simpler process to get it done.If you shoot over the rental assumptions and what you think you could rent the units for, I can plug that in and show you what it might look like.

This also leads owners to ASSUME simpler is better when it comes to management contracts.

For STR is a 2/1 with dinning area/open concept with kitchen OR 3/1 with small area for table down the hall better?

Hey Nicolas,The golden nugget I've learned recently is the concept of "Who Not How."  

This also leads owners to ASSUME simpler is better when it comes to management contracts.