There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

If they are financing the purchase with hard money loans, they would need to acquire the property at 70% to 75% of the ARV minus repair costs to maintain that profit margin.

Maybe that is not even good idea, but perhaps better chances of success and maintaining a relationships.Probably NOT what you want to hear, but if you're making $125,000 and you don't have the discipline or willpower or willingness to save for the down payment and closing costs on property #2, then what will you do if things go south..like your tenant doesn't pay rent, you have 3 months of vacancy, or the tenant destroys the property and you need to rehab?   

Whether proven or not, the larger house brokerages have long maintained their stronghold by 'sharing' brokers commissions to the tune of 10-30%.

On the flip side, holding onto equity allows you to maintain the proven income stream from your established STR and retain a valuable asset.

But before you maintain and grow those relationships, you have to find them. 

To optimize profits and reduce risks, maintain organization, track the status of projects, and quickly resolve any problems that arise.Recall that investing in real estate calls for endurance, patience, and ongoing education.

They have horses and other farm animals and have been exemplary in maintaining the property and managing minor repairs independently.A recent search revealed zero similar acreage properties available for rent, underscoring the uniqueness of this rental home.

Others have wondered about that as well @Theresa Holl.Can you imagine maintaining such a database?

However, there are costs and administrative burdens associated with properly forming, qualifying and maintaining each separate LLC.