That’s why many syndicators rely on exemptions like Reg D (506(b) or 506(c))—it’s not about the filing fee, but avoiding the regulatory burden and costs of full SEC registration.

@Joy Daniels I have one of my STRs in that market on Anna Maria and each “city” on that 7 mile island has different STR rules.

I've personally done just about every rehab scenario, properties I've lived in, properties bought as investments and even properties bought at auction.You've gotten good advice from folks on this list.

Every PM operates differently, and at the end of the day, there is tons of information you can navigate on your own in the beginning stages online, but surely there will be PM's that would be more than happy to assist you on journey. 

And that will hurt the bottom line. 

And an interesting take on markets when they discuss them.

TIA Bruce Kirsch has a great course on underwriting.

I recommend you include some of your key qualification criteria in the advertisement.

Do you have any additional insight on continued self manage from OOS vs PM?

For 1099 income, we will look at a 2 average of income using your NET NET income (bottom line income).