There is so much to learn with strategy, tax advantages, cashflow, and systems.

Co-hosting is just like any other business---- scalable systems. 1) Know how to build systems2) Find a mentor who will teach you3) join a mastermind that will teach you4) Learn and grow as you go... but have insurance.

You can 100% create simple systems with free technologies and run your unit efficiently. 

Start learning with books, podcasts, courses, networking, building a support system, and preparing for financing.

You will fail, you are supposed to fail, that's how you learn.3) Systems!

Keep it simple versus some of the esoteric structures being pushed.  

The American system is designed for choice, FREE choice. 

I stand corrected:)They do have an office in Metro Detroit and while we're far from perfect, we seem to get a lot of their unhappy previous clients.In our opinion, they built a system for Class A rentals - where tenants have 680+ credit scores and rarely have to be evicted or trash properties.They then tried to apply their processes to Class B & C rentals and that's when their service issues increased.All this caused them to recently significantly increase their Flat Fee pricing and monthly minimum charges.

Going through the insurance process is more crucial to your strategy right now versus the tax implications.    

Hello! I wish to buy to rent with min rehab. I selected a few markets, but now I wonder what is more lucrative to purchase? Where do I find the stats/analytics to compare if it would be more profitable to buy storage ...