@Dutch Mendenhall, how many times does something have to be confirmed/approved between your Chief Operating Officer, your Director of Compliance, your Director of Special Operations, or "another department?"

@John Matthew Johnston 80% of the time, it's a thankless job:(You're never fast enough for complaining tenants, nor fast enough or cheap enough for owners.To have any chance of success, you have to be extremely organized, or every day starts with your hair on fire!

If the risk of having to refinance into a new loan is a big deal for you, then you might consider simply operating in your own name without an LLC.

If you are going to pay for mentorship, find an experienced operator in your market or better yet, offer to invest in the experienced operators projects and get an inside look at their process and systems.

We don't mess around too much and strive to operate with integrity and insist all our stakeholders do the same.  

MHP is a mature space with many proven operators.

It is clear from the interview that their main skill set is raising money and they partner with other "Co-GPs" who focus on the operations. 

In the six years I've owned, operated and sold vacation rentals on the Oregon Coast the investment landscape has evolved considerably. 

I'm especially interested in hearing about how you've made a PMS geared more toward STRs work with MTR billing and leasing.I do remote operations support for an MTR/LTR company in Denver and am assisting with our tech stack build out. 

Have a plan for marketing, operating expenses, and scaling without overleveraging.