It sounds like you’re in a great position to get started—$100k saved up and a clear goal are huge advantages.

If you ever have any questions feel free to reach out I don't mind helping other BP investors or talkig REI, if it helps save time and money!

I wasn’t prepared to lose so much of my savings as carrying cost basically I paid for the tenants to live there for 3 months + my own living expenses in that time.

Has any BP member ever been saved by their LLC?

But from an Airbnb perspective, having PMs not collect on these smaller cost items can add up to significant savings/profit.   

Eliminate debt, establish a budget, and save.

I do have an LLC with good credit, so I’m wondering:Would it be worth pursuing a business loan to save on HML interest rates and fees?

How we purchased our property: Combination of Savings, Personal Loan with interest from a family member (4% interest) and a cash loan from Wells at about 8%.

After conducting thorough due diligence, including a professional inspection and market analysis, the property was acquired for $72,000.Renovation and TransformationThe renovation aimed to modernize the property, enhance its appeal to potential tenants, and maximize its long-term value.

*As a side note, I think maybe it would be fun also to try and identify where new technology or machine-learning driven approaches could increase efficiency in the spaceAs for my financial situation, personally, I have around 50k saved but 20k of it is tied up in assets I don't want to pay capital gains tax on.