Lower turnover means happier residents, but it can also translate into less operational stress for you.Max Occupancy: The size of the home and local regulations will determine how many residents you can house.

Zeona McIntyre sells a lot of creative deals that are furnished and already operating STRs / MTRs.

I've been operating a Turo biz under an LLC for the last 2 years and have recently decided to cease operations (For those not familiar with Turo, think of it as the Airbnb of car rentals).I was wondering if it is possible to begin operating my real estate biz under this existing LLC?

You can just look for houses you like and run the numbers rather than focusing on small areas.As far as AirBnB, our market is fairly saturated so you really have to operate at a high level to stand out and/or have a really excellent location. 

One that involved firing their entire field operations team, which I thought was key to their success.

Thank youTo add on to the other already excellent replies:- The syndicator typically either bakes their management and operations into the investment, thus making additional funds for themselves, or uses their own subsidiary or someone they have a partner deal with.

With historical vacancy factored in, that will likely be more like $143,000 rent topline, not including seasonal A/C surcharge revenue, plus about $1,520 in laundry revenue.Expenses: Total operating expenses are running about $59,200, before depreciation or mortgage expense, and not including the offsite property manager role (me doing screening, etc).

If you have a few rentals under your belt out of state and are familiar with how your team operates then I would dive into doing some value add deals as long as it's not down to the studs. 

It has good rent to price ratios but taxes are on the high side and I have found that I need to be diligent with oversight of property managers who run operations; especially with lower income tenants.

Starting smaller might help you gain confidence and reduce potential stress.In your situation, if you're comfortable hiring a property manager to handle day-to-day operations while you’re working in the oilfields, going for the 4-plex could make more sense, especially with your high income.