Plus if you do not have a well established team to get your project finished up before the end of the summer selling season, you may not get the return you were expecting as holding costs and declining values are eating profits.Option 2 sounds like a safer bet, but yes you will have to cover some expenses and may have to carry the property with your own cash until rent prices appreciate enough over the years to cover your mortgage payments. 

A new auto, well, we see how online only attempt's keep going bankrupt while dealerships working in human interaction keep thriving. 

Established Market : There’s usually a steady demand for renovated properties in established neighborhoods.Both Charlotte and Louisville have neighborhoods ripe for this type of investment.

I recommend establishing a thorough and well-structured screening process.

I recommend establishing a screening process.

- Are we able to word our new lease such that if utility costs exceed the established flat rate then the tenant is responsible for the difference?

I defy you to name a title vehicle that cannot be pierced, even LLCs owning LLCs.Yes, have to file tax returns, but you don't know what your neighbors' tax returns say, and courts don't order turn over of tax returns as a matter of course, and even then, it's usually after judgment has been rendered.Trustees have to be honorable, which is why I use established banks and trust companies.Having your property in a trust will not protect it from a lawsuit.

Identifying turnkey multifamily properties with established performance can be challenging.

For the How I will discuss what to look for regarding local government regulations that allow STRs to thrive, the Where coincides with the How, but I will focus more on what the property and area need in order to make a good STR, specifically in and around the Shenandoah Valley, and the Why will be all about the numbers!

The third zone is one that is highly regulated, perhaps taxed at a higher rate, but has an established process for STR's and the risk of changes in the laws regarding airbnb or other OTA's is relatively low, simply because those conversations have already happened and the local government has decided that they are going to allow them in the area and have an established process for permitting, etc.