Often times you'll find these properties to be a little bit outdated, but are in great condition and extremely well kept. 6.

We kind of stumbled into it and keep stumbling as we go but not having a plan or framework for business is a major concern. 

My intention was to minimize my reported taxable income after taking expenses against the earnings through the LLC.I don't see how this would benefit you tax wise.In fact, I would be concerned that by mixing personal business (rental property in your name) with the LLC that you could basically nullify the liability protection the LLC offers  allowing anyone who sues you to pierce your corporate veil because of this co-mingling. 

Inform your LTR tenants about these rules and let them know they can report any excessive disturbances directly to you.Communication: Keep an open line of communication with your long-term tenants, so they feel comfortable voicing any concerns early on.Outdoor Amenities: If there's a shared yard or patio, think about dividing these spaces further to give both STR guests and LTR tenants their own zones.Protecting Your STR from Bedbugs:Mattress Encasements: Invest in high-quality, bedbug-proof mattress and pillow encasements.

Hi everyone, I am interested in hearing everyone's thoughts on the Platform Pacaso, I have noticed that it can inflate housing prices in some areas due to them being less concerned about paying a low price upfront and more focused on the overall profit they can generate through fractional sales and ongoing services. 

My wife does tell me about what I can say concerning the things I've learn and to be sure to not call it advice.

I'm extremely open to changing my mind though, SEO just keeps pulling such amazing results.

If major issues or concerns are discovered, provide detailed information to the seller and either negotiate a discounted price or consider walking away from the deal.Due diligence is the backbone of successful real estate transactions.

It just meant problems down the road during the project.....something was always wrong,Cheap people tend to be unreasonably picky as well, and with no real understanding to back up their concerns.

However, once you move out and rent both units, forming an LLC might be worth looking into for liability protection.2️⃣ Zoning concerns?