In terms of Costs associated with an LLC-Roughly like $100 to file with the secretary of state in Ohio if you wanted to do it yourself-Cost for your accountant to prep a tax return at the end of the year for that LLC (depends on your accountant)-Cost of a higher interest rate with a DSCR loan -Maybe more advanced, but if you have more rentals the cost of additional bookkeeping software like having to pay for additional quick books accounts.

Love that you're learning from podcasts and books - lots of great insights there for sure!

Also, because your unit will probably be booked with a guest most of the time. 

My approach was to partner with a GC, so he handles the rehab estimates with his years of experience.Another option is to read J Scott’s book on estimating rehab costs.I've heard a lot about this book.

For me that is booking 15 nights.  

I address it in detail in my book, but here's the short version:1.

Book losses through bonus depreciation.4.

A great book to get you started is The Multifamily Real Estate Investor by Gary Keller.

This time the seller was anxious to get it off his books and sold to me.How did you finance this deal?

Quote from @Jose Remor: Hi all, I'm new and found the bigger pockets after reading "How to Invest in real estate" book from Brandon and Josh.