.: Josh Altman is seeing a huge spike in interest among displaced Pacific Palisades Ca residents in seven specific areas following the devastating fire last month.He gets multiple phone calls daily from families who are looking to move to 1.

I would take out a private loan on the paid off property to get the other one squared away

You can click on my website link in my signature to set that up at a time that works for you. 

We now have 400 hours in the bag, and hitting 500 is attainable during your first year.But what if you only spent 2 days visiting this property and from that point on outsourced all work?

Each individual cell you set up within the Series LLC would be owned by you directly, qualifying each cell for the FONCE exemption. 

When we purchased it, it was fully renovated and set up as a 5 bed/1 bath Airbnb.

The biggest reason I would advocate for mixed use is for the reasons you mentioned, the leases are longer, but also the general "issues" around tenants on the residential side don't come into play as much or at all. 

Underestimate the costs and come up short needing the funds?

My main goals with these initial projects are:1.Gaining valuable insights into the local market.2.Getting hands-on experience with out-of-state investing, particularly when it comes to remodels and managing from afar.3.Testing the entire BRRRR process to see if it’s the right strategy for me long-term.If all goes well, I’d love to scale up and explore multi-family projects.

This also leads owners to ASSUME simpler is better when it comes to management contracts.