The management LLC does literally all management activities-- hire PMs, hires contractors for renovations, hires the legal experts for other stuff, buys STR furniture, hires interior designers for STRs, hires pest control, etc.

STR are very competitive today and investing in a well-designed home is key to your success.

They do offer weekly classes and etc but I feel that the way it's set up it's designed for you to do more schooling then actual bidding.

His rehab costs were less than what I Typically pay to paint the interior of one of my rehabs.  

If it is mostly smoke damage to the interior it will be ok, but if the roof caught fire and burned away that's a whole different ball game.

Relatively minor interior renovations.

I’ve been successful with Airbnbs and love the creative aspect of designing unique and appealing spaces.

Purchase price: $600,000 Cash invested: $120,000 Contributors: Michael Ablan 10-unit, multi-family property in an area I already invest. 8 of 10 units have been interior rehabbed.

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My wife has a formal degree in design where whe loves creating floor plans and building/renovating homes.