How to classify my business?

[Shannon Wilson]

Hello, I am new to the realm of rental arbitrage but I have been learning a lot as of late. I know that some people elect to have an LLC when starting rental arbitrage and post their properties on AirBnB, which I also want to do.

I wanted to know when filing an LLC what do you file it as? Do you file as a property management company? Rental company? Also do you need to make your own contracts when contacting the landlord of an apartment you desire to acquire? How do you make a deal with the landlord/property manager of an apartment complex?