It's in a rural town so I'm also worried that demand might not be as high as in more densely populated areas.I'm planning to call local banks this week to understand financing options and contact some contractors who might be interested in building additional units. 

We've put in a tremendous amount of work to make the RTR Academy community and education as beneficial as possible for investors of all experience levels. 

In some areas certain provisions MUST be included in a lease.  

In a consolidation exchange your time frames start at the sale of the first relinquished property you are selling, so you really want to be proactive on getting those other properties sold.

And now with rates being high, plus many areas overbuilt with new apartment buildings, I’d be careful with unknown areas, and also what you read in the media about “hot” areas, up and comers, etc.I was in a similar situation to yours a couple years ago.

In order to pitch for funding, we feel like we need to get a few basic ducks in a row.

Left me feeling like a basically have a retail/fulfillment person on my team so I'm a big fan and would recommend giving them a shot, especially if you're in a similar position as I was: Needing to furnish an STR quickly and cost-efficiently. 

Hi Andrea, my wife and I own a Short Term Rental in West Michigan so I would be happy to answer any questions you have on how to analyze the property, what you should look for in a property and what questions to ask the county. 

Ive taken over loans for mainland lenders who were 20 days into the contract before realizing they could not lend in the Lava Zone the house was located in. A

@Akash Agrawal In a real estate general partnership, all partners can be on the deed while only one partner holds the mortgage.