That level of cash flow, combined with the appreciation potential, could definitely be attractive to a new investor, especially if they’re interested in STRs.

The home was a split level with a walkout lower level so it was perfect.

How level is the lot?

This means your funds and sensitive financial information may not have the same level of safeguarding.2.

Fixer uppers - higher risk higher reward potentialTurnkey - lower risk lower reward potentialDepends on your skills and how heavy of a turn the property is. 

I think she actually had a really good idea.she believes that providing gift baskets for first time tenants that include general house warming gifts, cleaning supplies,maybe a recipe book  and even a small book or brochure of how to care of  a house would be a great start to a relationship/good tenant.the goal of this would be to obviously motivate your tenant to take care of your property, keep it clean, and to create a level of respect between both parties right off the bat. that means (rent on time, communication, a good experience from beginning to end.)im interested in hearing your thoughts about this and if any of you are or have already tried it?

So, what I did was contact the mentor team and asked for a list of mentors in my area and I personally interviewed them and met with them to gauge the level of their interest and how much help they would be.

The LLC for the property management business and LLC for the STR business makes sense, and if your looking to scale this is a good "top level" that can own properties underneath it. 

I won't be ready to buy an investment property for another year or so, so in the meantime, I'm practicing my researching skills as much as possible.Thanks,Chris

Would love to match with someone of the same age / energy level, but will keep an open mind.Also, I will likely be looking to extend my time in Cancun for 2-3 more nights (could be more).