A real estate business is not different then any other self employment income.

•Legal Clarity: Knowing the clear definition of squatting and having stronger rights as an owner can help property owners feel more confident and informed.

I self-manage and produce $700 in pure cash flow each month.Lessons learned?

Although I'm confident I can fix and flip it, my plan is to keep it as a rental.My dilemma is... where do I get the rehab funds? 

Same owners, same management (self managed), both STRs.

Given that the industrial market is softer than the prior few years, I intend to buyout/wait until current leases expire and leverage the space into self-storage. 

Second, are you planning to self-manage or hire a PM?

.: Quote from @Chris Seveney: @Dana YobstBlows my mind how he is out there still teaching classes and going on as nothing happened but it sounds like these debts are not getting substantially paid down.As many of us know, one of the main reasons he's able to continue on is with the help of this other self proclaimed criminal https://weclosenotes.com/ep-nc-03-protecting-yourself-using-a-corporate-veil-with-aaron-young-from-laughlin-associates/ Using a remote entity to limit liability is a life blood of insuring investment into all types of job creating, life saving and life improving business development.  

I would probably only want to buy a condo-tel personally if I were going to self-manage it.

Gradually transition to larger, higher-end projects as you gain confidence and expertise, balancing risk and reward.