I’d love to meet up with you and learn about your company’s! 

I highly recommend an attorney to draw one up as each state and each property can have unique issues. 

Tips for setting up an LLC3.

As for soft costs, you’re looking at a fair amount for a condo conversion-there are legal docs to have drawn up, reviews, surveys, recordings, setting up the HOA, reserve studies etc.

I ended up attending one of those weekend seminars for a few hundred bucks that tries to sell you on a 30k coaching program.

I am responding as a consumer not a STR owner we had one its lasted for us for exactly one tenant then we felt it was too much work for the return  on investment we do much better loaning money and buidling new homes than to worry about people goofing up our homes :)I do have some MTR you know fully furnished homes in Vegas and those are money makers for us top of the line tneants paying double the going rate for rent.

Underestimate the costs and come up short needing the funds?

Any brokerage can be the right fit for you so long as you commit to taking initiative and putting in the work.By 'work', I mean income-producing activities (lead generation and follow-up) i.e. cold calling, door-knocking, contacting your sphere of influence, networking, hosting open houses, running online advertising, marketing (paper or online), or anything else that will get you in front of prospective clients.My first broker rarely answered my phone calls and by the time she responded, I'd often already have the answer I was looking for.

I'll see if they have a program for this deal and I'll follow up with you. 

Reduced CompetitionWhile primary markets are saturated with investors, driving up prices and reducing potential ROI, secondary and tertiary markets often present less competition.