I've never been through this process and it's my biggest fear because it seems to be SO costly!

I am interested in hearing about your experience traversing the 'green standards' new construction and permitting process in KCMO proper.

With smart negotiations and a streamlined process, we capitalized on the opportunity for a quick and profitable turnaround.

Owning properties through LLCs in their respective states avoids the need to register a foreign LLC, which adds costs and administrative requirements.If you plan to acquire properties across multiple states, you could create a parent LLC in Florida and have individual property-specific LLCs (child LLCs) in each state.

@Scott Suryan we've review REI Nation's processes and met Chris - if we ever did turnkey, we'd model it after their systems!

While I agree the rent by the room strategy can be great if you know how to manage it well, from a lending perspective, a lot of 30 year DSCR note buyers won't allow properties with individual room leases, so it could make refinancing more challenging. 

Deals like this can seem elusive, so insights into your process would be appreciated!

I’m in the process of converting one of the units into a short-term rental and could use some advice.I’m trying to figure out if it’s worth using a dynamic pricing tool to maximize revenue and whether I should invest in property management software to help manage bookings, communication, and other tasks.Any recommendations or insights from your experience would be greatly appreciated.

Good morning,I do have a question that I wanted to get some insight if there are any glaring cons in my thought process/future action.

It took 3 years, but,  I finally navigated the permitting process and now have all the permits I need to build 6 small cabins on a river in the mountains.