Bit more paperwork, but you get paid twice.Flat Fee + Profit Split (Repair Funding): You cover the repairs, but you set a minimum fee (like $15K) to protect yourself.

Some investors will wait until they have several properties before forming an LLC but it's often beneficial to set one up early especially with your first property.

Difficult to defend places -- hillsides with limited transportation options, etc. -- won't be allowed to rebuild at all.

Appeal Property Tax AssessmentsProperty taxes are a significant expense for real estate investors, but they aren’t set in stone.

Look for a Stone Importer in your local market, and set up an account with them.

or, do you cash flow only after you've set aside money for capex and other items? 

These solutions can make a huge difference, and the long-term option will really help set your STR up for success.

However, prices for a comparable 5-bedroom home in Washington are significantly higher, likely around $1.5M or more, which would mean taking on a new 30-year mortgage with 6+% interest rate and limiting new investment opportunities.2.

The Creative Investor Meetup is designed for beginning to advanced investors who would like additional strategies when constructing deals.All aspects of real estate investing will be covered including (but not limited to) - Wholesaling, Flipping, Buy and Hold and Commercial with an emphasis on Creative Financing.

Set a bunch of them with peanut butter.