I have failed with the google docs method and my last time tracker was too complicated for that I needed.

There's some complicated ways around it and things may have improved, but I can tell you that I was personally threatened with being charged with a felony in 2019 for renting my property even though I had gone through the proper permitting.

A little bit about me, I lived in a small town near the greater Boston area for the past 10 years and had just moved to O'ahu to pursue my Masters in Architecture, (but that's kind of on hold right now due to complication of the program...).

They have too many roofs, too many lawns and driveways, too many complications, and are hard to liquidate.

STR's are one of the more popular forum topics and 'complicated' investment categories (especially for newbies) so I wanted to share some recent investor and operator experiences on the Oregon Coast and why a coastal STR vacation rental home is worth considering. - Feasibility & Permit-ability: If you know where to look you can still secure a STR permit in most cities or counties from Brookings to Astoria.

This also reduces the risk of mingling funds, which is important for both clarity and legal reasons, especially if you decide to form an LLC in the future.Potential Issues with Personal Checking Accounts:Audits: Using personal accounts can complicate things during audits.

I'm deliberately keeping things overly simple here because secondary market ops and fixed income pricing can get complicated quickly. 

Will your partner be upset because you are getting the better end of the deal living rent free(assuming you aren't paying rent).What if only your name is on the mortgage and deed, then the tax documents will all fall on you and your tax return and not his which makes it more complicated trying to shift income to him.If there are two people on the mortgage, it will impact both your DTI ratio's equally in full hurting both of your abilities to get credit in the future until the property is sold.Why can't you do the live in flip on your own?

@Tom McGeeConnect with @Stuart Udis he has a ton of threads about how to simplify asset protection and has educational events to discuss as well you should check them out before you go down this esoteric path of creating a complicated maze.   

It was so complicated becoz even for the job we have to maintain the same job type for 24 months.But yea with 5% down, this strategy is fastest to print the first one million.