To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

Find the lender, agent, whoever that meets those values, then execute upon selection.

Better tenant selection and regular inspections will stop this from happening.

I think this is a great way to set up a business, actually, and am impressed with the way they do things, if we're not being baited.So, has anyone had success using a structure like this?  

I was under the wrong impression that you did not agree with the tactic and was curious why.  

Then open a new Google Sheet file, click Open and then select Upload.

@V Reddy First, setting up an LLC to invest in real estate is generally to limit personal liability and for asset protection (select "magnifying glass icon" in top-right corner and search "LLC", you'll get a lot of feedback).

Note: I am under the impression that me material participating in this exercise will fall under the "Real Property Development or Redevelopment" activity, thereby allowing me to cost segregate the home construction cost.

- select markets will be stronger than others.

He had his systems and house rules dialed in and was getting impressive yields, but this is a bit more of a hospitality play than LTR (same as STR is). https://www.millionairemindcast.com/how-sober-living-houses-...