I bought the property 82% ARV, which is against my normal logic on a value-add strategy.

Their brokerage license/agent license & their PM business.

Which is a great goal if you’re planning to scale a portfolio or start a co-hosting or property management business like I did.  

Hello - I'm looking to start my short term rental business and am considering buying a property in Ocean City MD.

I am trying to find a mentor and I feel like working for a corporate wholesaler might give me the experience I need to turn my little $175,000 chunk into a rental property business one day.

Not my style but alot of money in that business FWIW.The current rent collection h*** we are in today, certainly unhappiness vs how happy we where just a year ago.- No good rent payment ACH status across the portfolio Today vs what we had.   

I've had a passion to work for myself ever since I was young, and after starting my own "Pressure washing" business a little over a year ago,  I have found Real Estate to become a very heart driven path for me (Considering I work on houses).

If you look at this as a regular business, its revenue is $82k, and its expenses are $41k, so the gross profit is $41k. 

Rental property that you run as a business is a different story.

Scheduling is the biggest headache , you may be sitting idle for 2 to 3 weeks because a sub is busy , of another sub was running behind , or an inspection failed .