Many challenges can be avoided if you work with someone that can give you professional guidance in the market you choose.

Travis, forming an LLC is smart for liability protection and creating a professional structure for your investments.

An experienced team or partner can also help boost confidence.Providing a combination of a solid commitment letter, proof of funds, and a clear, professional approach signals you’re serious and capable of closing the deal.

I have been working in the Cleveland markets for 10 + years with various govt programs, LOVE IT.

I only rented out 2 out of my 3 rooms because parking ain't the easiest in my hood.5) I rented to professionals (and one PHD student) so that's why I chose the neighborhoods I listed.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

In terms of the second scenario, the upside I see is the option to get a different kind of loan (say, FHA with a lower down payment and other assistance programs for K-12 educators like me) since I'd be getting a new primary residence instead of a second home.

Sending a personalized greeting to guests when they book, answering their questions, programming lock codes, logging new bookings in my records and notifying my cleaners of them and any requests for early check in, paying cleaners monthly, ordering supplies, updating my listing descriptions about once a week even if it's just a sentence here or there (helps with rankings on the platforms, esp.

When you work a 9-5 job, you typically rely on colleagues assigned to you.As an investor, you have the OPPORTUNITY to assemble your dream team of professionals who share your ambition and can help you achieve your financial goals.

I had doubts and still have some but now it sounds like those may have been necessary for their loan program after learning why it's a lower risk and FDIC insured requires that.