Any HOT BNB areas we should check out?

Even if you purchase with a single family home, it’s a start.I’m active duty Air Force with four properties.

Yes, we could consider the nearby metro, which is Hot Springs.

Yes, sharing our actual costs,  we need more housing but also letting people get past some of the big unknowns.   Sorry about the clickbait.    Here is our current budget...  We are on the West coast. (Not CA).    How...

Be aware that it is a hot market in PR (still hot) and sellers shy away from offers that are not all cash. 

It sounds like we might have different approaches, but both could be successful depending on the goals.Finding deals with positive cash flow, especially for a buy and hold portfolio, can definitely be challenging in a hot market.

It has been about 2 weeks of having it listed on furnished finders, air bnb, booking.com, facebook marketplace, and the MLS. 

Upgrades/repairs include:flooring (tile and carpet, entire house), painting (entire house), complete kitchen renovation with new appliances, cabinets, sink, lightingcomplete bathroom renovationsupgrade/replace ACupgrade/replace existing hot tub  upgrade/replace furniture/bedsupgrade/replace old pier with newadd new kayaks, paddle boards, and bikesI am thinking anything that is removable (furniture, appliances, water toys, bikes, pier, etc) could qualify as an asset for the LLC and thus be used as a tax expense for the LLC.  

I’m active duty Air Force and used my VA loan a few times.You can also check out NACA.com.

In some places you can't put bedroom door locks on unless you are a boarding house, although I am not sure if any one checks that.Another thought is if you don't have central air there some boarding houses that have a monthly air conditioning charge if you put a window unit in.