Purchase price: $15,000 Cash invested: $25,000 Sub to deal - paid the seller and wholesaler $15,000 + $7500 closing costs to assume $84,000 mortgage with a monthly PITI of $575.

There is more maintenance cost when they are small keeping the grass down.  

The benefits of Kissimmee for a newbie is analyzing property potential is very easy - you will have a ton of carbon-copy comps to look at and the online estimators like Airdna can actually be pretty accurate. 

I am looking to buy a property in SLC Utah that i would want to try and run as a STR to help offset the cost.

Extra 4 months of carrying costs are up most of the margin.

In simple terms, it says you shouldn’t pay more than 70% of the property’s After Repair Value (ARV) minus the cost of repairs.

You end up with Hotel Quality sheets / soaps for the cost of Amazon or even less.

Or are you planning to put 100% of the risk/cost of vacancies, furnishings and tenant nonpayment on the owner with you having 0% risk?

Upon BP member recommendations, my husband got his real estate license which now helps increase our access and decrease our transaction costs.

Originally posted by @Eddie Torres:@Natalie Kolodij Standard or foreign LLCs in California still cost $800 annually unfortunately.