I used an attorney (cost $750) for my first LLC in order to get a proper operating agreement in place.

I also mention that alterations like this is effectively a cancellation, and so close to the dates effected hurts my operation and should not be possible per cancellation policy. - Guest insists booking was made because of moderate cancellation policy.

A “sort of” competitor of mine who ran a small private lending fund was always operating in a fiduciary way vis a vi his investor’s capital.

You do realize there are many already operating there?

How long has it been operating as a STR?

I know they have regulations but it seems from the government website you can operate in commercial zones (C-2 C-3 C-4 C-5 UGCCC, IX, RF, RV, CX, SH).

@Kevin Siedlecki I haven’t worked with Norada directly, so I can’t speak to them, but I’ve had experience with other turnkey providers here in Birmingham, where my brokerage operates.

They weren't experienced operators.

There's other expenses like taxes, prop mgmt software etc.Total operating expenses for the year come to $32k.

Essentially, there must be a paid parking footprint in the area already.The ideal asset would cashflow from day one with the ability to add value via technology, operations improvements, and/or NN lease addition (or renegotiation).