My long term rentals are located in SC, also in a city, and they play a big role in the numbers.

As always, read ALL the terms before you sit to close.

Hey Simon-We would be happy to build a long-term relationship where you can have access to funds at your disposal.

I've selected Collin, Denton, and Grayson counties as my investment focus.My goals involve investing in small multifamily properties and long-term rentals.

Your primary insurance policy with $300,000 in liability coverage should be sufficient in 99.999% of all lawsuits.5.

Property taxes will likely be reassessed based on the transfer value, so confirm local rules to anticipate potential increases.If you hold the property for at least one year, you can use the equity as collateral for a construction loan, aligning with your long-term financing plans.

Scenario 2: Two short-term investments:Let's start another short-term investment with the same terms, except this time we get $2k + $253 + $253 = $2,506 / month to go to town.

Depending on what the potential jobs offer in terms of income, does this seem like a realistic strategy?

These are top drive-to destinations for much of the Southeast, so short-term rentals here can generate solid cash flow, especially during peak seasons.The area is also seeing steady growth, with more infrastructure and amenities being added to support visitors and new residents.

I think if you are going to keep all three parties involved as owners of the deal long term then you need to separate yourself as a renter and a contractor.