But after working with the family, we purchased it for $42,000 and got to work.We had some unique challenges, like dealing with one of the heirs who wasn’t very cooperative and required a payoff to sign the paperwork we needed for clear title.

If you discover in a few years that your original title had a problem, your LLC has no recourse.

Some design and amenity ideas:+ Welcoming living space with plush seating for family hangouts+ Coffee bar or stocked tea station for early mornings before campus events+ Dining table or breakfast nook perfect for family meals+ Dedicated workspace for parents who need to check in on workFor sports fans, tap into their game-day energy and make your STR the go-to spot for a fun, convenient stay:+ Big, comfortable seating & a great TV setup (think oversized couch, streaming sports channels)+ Game-day essentials like a mini fridge stocked with game-day snacks/drinks+ Outdoor space with a grill & seating for pre- or post-game gatherings+ Good parking (sports fans hate scrambling)+ Team spirit decor touches (subtle, not tacky—think framed sports prints, not full-on mascot murals)Your design & reviews will do most of the marketing but to market directly to these guests:🎯 List your STR on sites where parents and alumni book (if allowed)🎯 Partner with local businesses—coffee shops, sports bars, or tailgate services—where your ideal guests hang out🎯 Optimize your listing title and description with phrases like “Perfect for Visiting Parents & College Game Days”🎯 Time any discounts/promotions around major campus events—homecoming, graduation, big rivalry gamesThink of it this way, you’re not just offering a place to stay—you’re creating an experience they’ll want to book again and again.

If you are running a mid term rental property, how is your business?

How does acquiring compare to renting a small office or sharing office space with another business in that market?

It’s usually best to open a separate business checking account so your rental income and expenses stay organized and away from personal funds.

Tried to get title search but it’s too late it seem and title company does not guaranty anything after charging $500.

I hope others have the courage to provide comprehensive reviews of Brokers, Sponsors, Capital Raisers, etc. as there are many to choose from, but very few reviews even after years of in the business. 

We split mortgage and are both on the loan and title. 

The most reliable method to locate liens and their positions is to conduct a title search through a title company.