@Albert Johnson yes just do that, not only is it the correct liability stance but it's the correct way to run your 'business'.

or Nevada or Arizona, maybe, if that allows your to go to your projects in person.there's no such position as "BRRRR COO" that works for you - that's you until you get a team or business set up.

I went to the PF Community Development Office to fill out the necessary business license and asked about the STR Permit PF requires.

Have you looked into business credit cards or HELOCs to do the cosmetic rehab?

Focusing on what makes sense for you and your business plan while factoring in market conditions will land you good buys.

As with ANY business, knowing your customer is critical, because it will inform all sorts of important decisions (like the type of property you buy, how much you charge for rent, the types of amenities you offer, etc.).

Well you know these people are out there, we all get them in every business.

I'll be forwarding mail from the property address (which is the business address of the LLC) to a PO box in our home state. 

Bottom line -- how could someone build a *profitable* real estate investment business with little cash of their own and without rich family/friends?

Curious about your favorite resources to get started on understanding the business model.