Either way, with rent and price appreciation, tax benefits, holding long term is a net worth exploder.

I understand that I need to account for taxes, insurance, and other costs—Should I go with a LML and then do a refi later on?  

We should have a "good, bad and ugly" GP list for people to look up and avoid these GPs in the future.I wonder if anyone of you have heard of 711 Rescue and can let me know if this kind of company might be able to help the LPs.

I"m also seeing people doing STRs to get the tax benefits besides the higher cash flow. 

NC is a great market for your goals, however it will be challenging to find inventory that has much cash flow; many people who toss money into multifamily here do it to avoid the tax bill + take the 10 year runway of growth.How much SHF RE do you currently have?

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

I would avoid any tool that charges 1% of booking revenue as payment.

For example, this investor that I met recently said not to buy properties at tax auction for 100+ different reasons.

I'm wondering if some one can help with an explanation about why a Hotel has many rooms with tax lien on auction? 

Definitely tread carefully here to avoid any discrimination claims!