I would have ran out of capital on property #2 if I didn't loosely follow the BRRRR strategy.

Following - I'm also based in the Bay Area

If you have any specific questions feel free to follow up and I'd be happy to answer. 

@Neal DaftarySo - You need to set up a regular LLC, this would be considered the parent LLC to the following series LLC's that you will create for the specific purchases. 

If you used TransUnion to screen, they are also required to provide the applicant with an "adverse action" letter, detailing the screening company’s contact information for follow-up.

Thanks so much for your help in advance I would see if you could do a rent to own or seller finance. you are going to have trouble getting financing without income for a primary residence as the lender has to follow federal guidelines and your ability to repay - which if you do not have income that makes it challenging to qualify. 

There is a Vermont STR Facebook group that I follow to keep an eye on where Vermont is headed with STR.

This does happen a lot in my area and if the person is licensed and follows the rules of everything on the transaction, you should be good to go!  

If you can't follow up consistently or post on the forums daily then BP paid leads probably aren't worth it for you

GinoHey Gino--follow-up question --just starting to look at multifamily ...are the problems I see referred to (pretty much everywhere) that the property valuations have fallen for multi or that a large number of loans are maturing?