Sheetrock laying on the kitchen island to make walls all the way to these temp walls.

It's all about risk in the event of a lawsuit, which can also usually be covered by insurance.- If you decide to have an LLC for each property, creating a Management LLC that all the other LLCs "hire" to run their books, will allow you to only require a bank accont for the Management LLC.2) You may not be able to do a Trust.

If you found a few handymen you could rely on, and make a trip out there for a few days to get things set up with shopping, decorating, and furnishing the STR that would remove the red flag of the property manager, and significantly boost your material participation hours to clear one of the thresholds.

I have been talking with a few other real estate investors, some suggest to create a website to funnel potential tenants, setting up an automation phone line, and a callers list for screened tenants.currently have two rental properties.

In my city, vacancy rates are hovering below 2%, rents are climbing, and every year thousands more people show up needing a place to live.

Those rehabs used up all the cashflow I had from their tenancy. 

They aren't likely to do that well.  

I've had people put down $30,000 or even up to $50,000 as an option fee.

Set up the LLC in Michigan (MI).

It doesn't help that interest rates are relatively high compared to the last few years and seem to be going up with the new inflation news and such.