There are a lot of great licensed and experienced pros on this site that are happy to answer basic questions, but don't turn to an estate planning attorney on here and ask them to prepare your will for free in the DMs.

Understanding local market dynamics, building a trustworthy local network, and being prepared for potential travel are crucial steps to mitigate these challenges and make informed investment decisions.

Consider adding features that support a communal and supportive living environment.This is a good start, as renting properties to sober living homes in Colorado involves thorough preparation, understanding legal requirements, and establishing connections with reputable operators.

(I know you're not a lawyer and will eventually seek professional advice.)
I just talked to my RE broker and he said with LLCs you typically do commercial loans. I don't like the terms and would try to avoid.
We cou...

Run the numbers and make sure the extra work would be worth the money. ( Now you have 2 or 3 tenants instead of one)3) Remember to add a risk premium to your new venture, whatever it is or how that looks like.

Investing in real estate around Alabama and Florida sounds like a promising venture.

Prepare yourself to hear a lot about Columbus over the next day or so.

It's about creating spaces that people love, enhancing guest satisfaction, and ultimately boosting our clients' investment returns.I look forward to sharing insights, learning from your experiences, and hopefully helping many of you thrive in your own STR ventures.

I've learned so much on BP, mostly from lurking over the last few years as I prepare to shift full time to RE. 

But in real estate there are a lot of random variables that happen throughout the process so get prepared to roll with the punches.