That's it, just want, no responsibility of preparing to obtain, care for oh heck no fix things, lol, that's been replaced with throw it out and buy MORE...... 

Be prepared to discuss with lenders how the property will be used and ensure your financial profiles demonstrate strong ability to manage the mortgage jointly.Hope this helps.

See if you can buy in a joint venture with an experienced investor

This could make your ADR less competitive, but if marketed correctly I'm betting that people might perceive more value, which keeps occupancy at least the same.I'm thinking of a model where you tell guests they have "add-ons included" like grocery delivery, prepared breakfast package, attraction tickets, inner tubes, etc.

**Time and Effort**: The buy and hold strategy is less time-intensive, allowing me to focus on managing and optimizing rental income rather than undertaking extensive renovations and refinancing processes.That being said, I am interested in trying the BRRRR method in the future.At the time of purchase, I lacked the skills and knowledge necessary to attempt the BRRRR method without exposing myself to risks I was not prepared for.Hope that answered your questions.

Investors will need this information to assess the investment opportunity.Present Your Proposal: Prepare a compelling pitch highlighting the opportunity, your expertise, and the potential returns for investors.

The investors who are preparing to buy their first property and don't have two pennies to rub together wanting to spend thousands on complexed entity formation for asset protection purposes. 

The truth is, if you want to invest today in this area you need to be prepared to run your numbers differently to justify the investmentWhat worked 10 years ago doesn't work today.

Also we aren't sure if we are prepared to turn the whole house into a rental yet.

And I realize this is not a new topic... but sometimes hearing it a different way helps.My advise to those planning on having more than one business venture in real estate is to set up a separate LLC from everything else just for rentals.