Quote from @Jonatas Melo: If zoning doesn't permit two units, then I wouldn't operate two units.

@Tanya Maslach The operating agreement language will be drastically different for an LLC that owns/operates real estate compared to the operating agreement used for your media company.

I've just watched a fractional deal hit the skids for a $1 mil condo on Hilton Head Island after 20 years of fairly trouble-free operation. 25% owner wants to be liquid, but the partnership doesn't guarantee liquidity.

Create Operating Agreement Open up Business bank accounts

Those that have conservative debt, liquidity, and are strong operators - will capitalize. that is playing out in the MF syndication world big time right now.

Bonus: I know MTR operators in your market I can connect you to as well.

We find, acquire, manage and find operators for high-cashflowing AirBnb-approved properties across the US.Do a lot of business in the South and Southeast.

I have invested in a few deals out of state🙌 What are you most looking to get out of BPCON 2024Networking - looking for people who invest out of state and how they operate.

Tech and AutomationProptech Trends: Automation tools, including property management software, dynamic pricing algorithms, and remote monitoring, can help streamline operations, especially for mid-term rental properties with frequent tenant turnover.Digital Marketing: A strong online presence and effective digital marketing strategies can boost visibility and help you attract mid-term renters.

Just make certain to build a relationship with a reputable turnkey operation who treats the city like it’s there own backyard, specializes in section 8 and has in-house management as well as day in and day out boots on the ground crews, etc.