Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.

In the past I think analysis paralysis kept people on the sidelines.  

I encourage you to do a Google search/competitive analysis to learn what others charge LOCALLY (commission and fees) before you make a decision. 25% is extremely high for the Orlando market.

Good luck on your journey, don't get analysis paralysis and get stuck doing research vs taking action.

My quick analysis had the added cashflow taking several years to recover the cost of furnishing the unit on top of the added management required for a short term rental.

Hello All, I am working on a new construction hotel project in Smithfield, NC, and am seeking constructive feedback from professionals in the hospitality sector. Below are some key metrics and the proforma I have comp...

Think a good rule of thumb when investing out of state is to:1)  Talk to their sales team and get their top property/area recommendation2)  Do your own analysis on that area for population growth, crime, income. 

Start this process early, and use them as a resource for providing accurate rental analysis.

It's a good rule of thumb when it comes to quickly determining which properties NOT to buy, but nothing to rely on when it comes to a deeper analysis.

@John CampbellThere are several considerations that can go into the analysis of whether you need an LLC or whether a large insurance policy will suffice.