Hi Myriam,Welcome to the BP forum and starting can be a little confusing but that is why we are here to help. 

We are purchasing and rehabbing a short term rental, but need to decide whether to put  in our names or in an LLC?

We are excited to be here and cant wait to start building!

Looks like we are all wondering if its legit or more for the novice host?

UPDATE:Yes, we are moving forward and the numbers on the purchase price, and terms of the deal, stay relatively the same (in the big picture).We opted to pay the agent out of our pockets.

We are have crawled back..

We aren’t aiming for anything top of the line or updated but we need bigger and more bedrooms etc. so our next home we are looking $450kish and not much more. 

We are thinking about doing my first deal and are here to learn and absorb as much as we possibly can. 

We are now looking to get serious about funding our retirement.

Your numbers are way too tight, especially in today's environment.