Create a Limited Liability Corp [LLC in my state] and recording the deed into Commonwealth.2.

If you're using a HELOC it's best to do something that's going to create value.That's not turnkey.The reason behind this is if you use a HELOC for a 20% down payment on a property you're 100% financed.

Yes to all of it.Definitely stay there a few days to find things your cleaners aren't going to notice.You need to create the 5 star experience from the beginning.

Purchase price: $307,000 Cash invested: $118,000 Purchased in January 2021, we successfully renovated this home to create a premier vacation rental property.

Two days ago it was an investor who created an additional LLC independent of the deed holder entity believing tenants could only sue the LLC where a contractual relationship existed. 

An LLC requires time and money to create and maintain, every year. 

Let any potential renter know that you intend to convert the garage into an ADU and address any potential issues created by adding the ADU (parking, shared yard, quiet hours, etc.)

We know we want to create an llc but is it difficult to secure a loan?

A bit about me: I’m a payroll manager for a restaurant group, where I handle everything from creating policies and SOPs to processing payroll and ensuring compliance with state and federal laws.

If you're in the real estate investment business and must watch every penny, irrespective of your time, then by all means, do what you think will keep your expenses to a minimum.If, on the other hand, you are really in the business of creating profit by way of being a good marketer and a committed dealmaker, your creative energies ought to be reserved for doing what you do best (or intend to do best)...