Cash on hand and conventional mortgage Lessons learned?

You need to be careful around the risks of sudden price changes, market stoppages and watch for transaction fees.

., Memphis TN 38109 38128 is good for rentals.  38109 you have to be careful where.  

Quote from @Jonathan Vinas: Quote from @Ashish Acharya: @Jonathan Vinas Operating a self-managed STR in North NJ or the Catskills is feasible with careful planning.

You post market stats.No one reads these or cares about these.

I do not care if someone had a marijuana charge 12 years ago.I do care if its 10 guys coming in for a bachelor party. 

If they have been paying on time and taking care of the place, there is no need to screen them.If they want their friend or family member to live with them, then you screen that person and decide if you want them living there. 

There is some room for creativity here, but it takes careful planning and execution, and there is only so much you can push it before crossing the line from aggressive but legal to reckless and punishable.GROUP 2: Tax strategies that do not belong on the EOY to-do listForm an S-corporation.

Google is definitely strict about virtual addresses, so I’d tread carefully with services like iPostal1.

You're right that the key to a successful BRRRR strategy is building a strong team and carefully analyzing deals, especially around rehab costs and ARV.