Our market is very heavy tourists, so a lot of individually owned STR condos, but honestly I've personally have had more success in long-term rentals doing the BRRRR strategy with small multi-families and B-Class SFR's. 

If you do not have the capital you will not get it.1. a bank will want a personal guarantee and will want a substantial net worth. 2.

Brandon, it depends on whether you are an individual CRM user or a team.

This deal was an excellent example of how Partner Driven’s renovation strategies, combined with market expertise, can yield substantial profits in a relatively short period.

Substantial owner use during peak periods. 

Purchasing a new home with seller financing does not change how Fannie Mae would qualify your income on the next application. 75% of your long term lease agreements (to a single family or to individual renters in your property).

Do I really have to do a separate management contract for each individual building?

You could either form a Joint Venture (JV) agreement between you two individually or between your two LLCs. 

I am eager to engage with like-minded individuals who are focused on improving their financial situations.With a strong background in sales, I’m also interested in potential collaborations, particularly in wholesaling properties, where my sales expertise could be a valuable asset.I look forward to connecting with those who share similar goals.Best regards,Dan

I would say 30k would be a good amount.You could spend alot more or substantial less.You can save some money by buying quality used furniture off Craigslist or FB marketplace.