Spend a year learning and going to meetups before you fork over a $50-$100k franchise fee and half of your profits and don't even know what you are doing.

Quote from @Patrick M Nichols: Cogo is a total scam... lots of fees on the front end.

They will take the permit fee and send an inspector that will provide some assurance that the work was performed correctly.

It is very time consuming to get permit approvals and you may be in a position where you need to extend, pay fees, etc.. when your loan is past due.   

What I love the most is two fold, the interest paid back on the loan goes back to you, the fees to do this are extremely minimal. 

We successfully set up the co-hosting on Airbnb where I receive the agreed upon 18% + the cleaning fee.

During the renovation, I faced several challenges due to the home’s age and hidden damages, including ruptured plumbing, termite infestation, rotted wood, and lack of insulation.

Setting up direct bookings is a great way to avoid platform fees!

It is a fairly signinificant set up fee and monthly charge. 

Here are a few lessons I learned during the renovation, many of which stemmed from the age of the house and unexpected hidden damages:1.Damaged Plumbing: Several plumbing pipes were ruptured or severely damaged, requiring replacement.2.Termite Infestation: I discovered termites, which led to additional costs for treatment and repairs.3.Rotted Wood: Significant sections of wood in the structure were rotted and had to be replaced.4.Lack of Insulation: There was no insulation in the att Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?