Annual STR revenue for 4bed 4bath cabin is estimated to be about $45,000.

But if there are going to be market headwinds then the thought would be to get out and diversify my revenue streams.

I would keep the work very cosmetic, and I would enjoy the additional space and/or revenue from the unit without considering digging up, etc. 

Keep in mind that office is down right now and it could take an extended period to fill.Try to determine why it hasn't sold for 2.5 years.

Guesty is 2% of revenue now instead of 3%...

If you don’t have access to title company services, go to Norwalk recorder’s office and “chain” out the ownership and open mortgages.

However, I have contacted the Secretary of State office and it states on their website that there it is a one time filing/fee to form an LLC there.You will typically want the LLC setup where the asset is located. 

Still green, but thinking a good niche would be housing close to universities and colleges.My long-term goals in Real Estate are to eventually get in to commercial properties such as apartment complexes and office buildings.For the past two years I have been educating myself on Real Estate investment.

The Law Offices of Dionna Reynolds is amazing and thorough!

However, on my tax returns, I dont break down the income by property or specify how much each one generates, just that my LLC earns revenue from management.