Our Lake House is close to Clemson and we have all the home game weekends sold out at our Lake House for top dollar, same as every year.

MLS, direct mail, through a wholesaler, etc.The property can be located in PA or NJ, they do not care.We have to send them a detailed comp reportWe have to have our GC's come out for bids (on our dollar)We have to have our inspector come out (on our dollar)We have to get the property under contract with a 10 day inspection period before we can show it to them or have their inspector come outThe contract has to be assignable$50,000 is the profit they ask us to shoot for6-8 week rehab time, no structural issuesOnce we find a property and get it under contract, we must immediately pay $795 for their inspector to come out, send them our comp report and our GC estimates.  

I find the referrals I have given my daughter when they are looking to relocate from LA or a second home have been great.. she has done half a dozen multi million dollar sales then subsequent listings with those leads I have given her.. on the flip side those that want to buy rentals are generally newer and are not really realistic about returns in higher priced markets.. so she has not converted many if any of those.

Ive got some tenants who are approaching having paid me half a million dollars in rent. 

Driving for dollars and attending local real estate meetups can help you find motivated sellers and build relationships.

As far as ROI, there are a few givens that will always give the majority or even dollar for dollar back, such as landscaping, flooring, updated kitchen and bathrooms, and security systems.

Massive dehumidifiers are filling with at least 3-4 gallons of water daily - we can't rent until a slew of multi thousand dollar repairs are completed.We were told that the dehumidifiers the sellers had in the house were only used during the spring when snowmelt was very bad. 

I did attempt a foreign entity in FL, I am still getting letters stating they need an original certificate of good standing and they do have the 87 dollars I sent to register as a foreign entity.

Unless you are a professional athlete/movie star / influencer it’s hard for many to hear this but the world really doesn’t give a hoot about you.Having built hundreds of multimillion dollar homes and having worked on projects with two different professional sports teams owners - I would say less than 1% would use a land trust for anonymity and some of these people had 9 figures and several were billionaires.

Charge the $99 for $5K coverage and $500 deposit directly from guest (these are million dollar homes).