Learning from a successful person would help to make your business more "bullet proof".

DesireeI have seen this same exact thing in Memphis TN in properties located near the University of Memphis so my personal opinion is to stay away unless you can still buy the property where the numbers make sense.

if you have an LLC and both properties are under it, you just need 1 operating account.If both are under your personal, 1 bank account specifically for the rental is enough for operating.Security Deposits should always be a separate account altogether.

-Attend at least 3 meet ups, in person, a month with my local REIA.

My personal thesis is to avoid the HOA altogether, problem solved.RESTRICTIVE COVENANTS can still run with the land even if there is no HOA, placed on by the developer.

For my personal education, which one insurance should I have?

I would guess that you have little or no experience running any kind of STR, and now want to get that experience on the back of someone else's investment, with little or no personal skin in the game, and that's not a good way to build an investment portfolio.

The beauty of personal finance is it's all personal :) If leverage works for you, awesome!

For those with using Buildium for property management software, do you use Buildium's public site or do you use a website you have made and maintain?I'm currently using a website that I created 4 years ago, posting va...

Sometimes only one person to help you and they're not quick, or not cheap, or you just don't like the way they work?