Hey Tori, Welcome to the forums and congrats on yoru success!

You will lease the real property that you already own to the SMLLC.

I would also purchase the property and not the LLC unless you are a seasoned investor with a good attorney.

I lived in NYC and worked for the city until I was terminated for not taking the covid vaccine.

As a lender, it is my firm belief that honesty, transparency and service are the most important factors.

The GC does a lot of the odds and ends work of tying the place together.

Since 75% of the proposed income more than offsets the PITI of the loan, it's a wash.  

Good luck at the auctions! 

Our STR/MTR portfolio typically sees around 80% occupancy, and I’ve noticed that the online travel booking sites often push properties with consistently great guest experiences.

Purchase price: $275,000 Cash invested: $275,000About this homeBeautiful 2 bedrooms 1 bathroom condo in the convenient location of Rowland Heights, close to bus stop, supermarket, schools, shopping centers etc. newer counter top in kitchen and bathroom. 2 parking spaces and storage room.