(Wifey and I have been doing BRRRR for a few yrs prior to this, so it was a natural fit to do that within the SDIRA LLC.)The SDIRA LLC helped me turn around the situation where we would have previously watched the AL expenses rapidly burn through their cash. 

Don't burn a bridge with a loyal investor or family.

They burn people and reopen under a different name.

For real estate attorneys, Bill Burns is the best in town. 

@Caleb Heimsothagreed, you can do alot with 30 but your goose is cooked once that is done.... i would never advocate buying to low end rentals and burning through your cash... point taken.i would look for assumptions, etc with no money down or very low cash out of pocket to get started...

They stopped collecting the "nights rented" data in mid-2016 when they took the reporting system to online.The only dip was after the wildfires of 2016 where rentals dropped off due to bad media coverage (many people though the whole area burned down) and the actual loss of over 1200 rental cabins.

We arrived a couple of months ago and bought our first house, but I have this drive burning inside of me telling me I should/can/will do more. 

We figured that chances were very low of encountering a burned down condo or one with extreme structural issues.

I'll have next to 100k cash in this place when it's done burn yhr house in this area would sell for around 250k.  

Gut burned a decade ago with real estate but have educated myself more in the subject and am slowly getting back into itOur practice owns our building.