Another benefit is it is much easier to diversify into multiple markets, asset classes and operators.Just wanted to share an alternative - often active investing is the way to go, but it really depends on the person and it is important to know that there are passive ways to accomplish your financial goals.Good luck!

For instance, said property manager manages maintenance issues, problems that arise during bookings, basically anything that needs a physical person at the property, while I manage the rest?

It also gives you multiple work surfaces so you can have more than one person in the kitchen without getting in each others' way.

.- If you decide to have an LLC for each property, creating a Management LLC that all the other LLCs "hire" to run their books, will allow you to only require a bank accont for the Management LLC.2) You may not be able to do a Trust.

But, you can go up to 65% loan to value with no reserves, or up to 80% loan to value if you have 12 months payments already in the bank (12 months reserves_.

Banks like proof the funds were in a bank well before closing. 

Mortgage Broker/ Bank/ Hard Money Lender – Someone that has experience working with other investors.

That is a true portfolio loan with a commercial loan and through a commercial lender or bank that provides portfolio lending.

they're not magic.are you going to in-person / informal meetups? 

My 4 personal STR's are all in San Antonio did over $575k in 2024 and on track for $650k in 2025.I think you are generally looking in the right areas, but there are a few things to keep in mind:1) Stay inside of 1604.