You’ll learn a lot from others’ experiences and get answers to specific questions.2.Use the Networking Feature: Connect with other members in your area or those with similar investing interests.

The difference between the cost for a specific repair / renovation if you have a crew or need to find someone on a first time basis can be significant. 

Use these templates, worksheets, and checklists as a starting point to specifically tailor them to fit your property or your business.

Check with your accountant for CAL specific tax laws. 

There are a high number of CPA firms that do not want to get involved outside of the FYI to their clients, and some state boards are saying that a CPA advising related to this registration is an "unlicensed practice of law" given it is not under Title 26 - income taxes - the only place where CPAs and EAs are specifically authorized to interpret law. 

Also would love answer to the following: - Are there any specific challenges or advantages you experienced compared to a JV structure?

The market since COVID has reacted incredibly over reactionary on the way up & down, so I expect a K-type recovery in certain pockets but it be just profound and quicker than the yesteryears(3-4 type fall in GR, 5yrs + in GD).

The goal is to keep these for rentals.I currently own the land personally and am funding the builds with a combination of HELOC and cash - no bank debt tied to these properties specifically.

Did you have specific questions or comments?

I'm also looking to get my hands on a good calculator for short term rentals since I'm terrible with Excel and only have a calculator for long term rentals that I know is missing sections that are specific to short term.Any help you can give me would be very much appreciated :) BiggerPockets has an Airbnb calculator, and I see that you're a pro member.Since you've read the STR book and done other education, you know HOW to pick a market lol.