Doubt the LLC owner has performed all the necessary tasks to avoid the "piercing of the corporate veil" by an attorney that knows what they are doing.DM us if you'd like to discuss more and get an intro to such an attorney...

But with every successful transaction, my confidence got a boost, and I got more comfortable taking on bigger projects.

How is the STR performing?

@Carlos Ptriawan hey, any updates on how your 721 is performing?

What incentive is there for them to perform well on the deal if they have already made 18k off of you and it is only your money at play. 

A cash flow study should be performed to ensure that the refinance does not drastically reduce the property's return.Good luck!

This property is already contributing to my portfolio’s performance and has strong potential for even greater returns after the planned upgrades are completed.

This is particularly beneficial in popular tourist areas where demand for short-term lodging is high.Flexibility: Owners can choose when to rent their property, allowing them to use it personally during off-peak times.Support for Local Tourism: STRs provide a unique lodging option for tourists, helping to boost the local economy by attracting visitors who may prefer a home-like stay over traditional hotels.Diversification for Investors: STRs provide real estate investors with an additional income stream, especially if they own properties in tourist-heavy areas.Cons:Strict Regulations and Higher Fees: San Antonio recently updated its STR regulations.

In my opinion, house hacking is the easiest way to get into the RE game with the lowest money out of pocket...plus if you throw in a renovation loan like the 203k or homestyle, you can boost your worth quickly!

By self-managing I know which of my properties are problem children and which are my star performers.