They can guide you on tax advantages, asset protection, and multi-state strategies.A HELOC is a smart way to leverage your equity—ensure your financing structure aligns with your long-term goals.Since you plan to add multiple properties annually, consider setting up bookkeeping and financial tracking systems early to streamline your operations.Best of luck with your BRRRR journey—it sounds like you’re off to a strong start!

If you are not starting from a very strong financial position and you do not have the ability to quickly stockpile cash quickly from other means then I definitely agree with that statement from the book.

This indicates a strong market for short-term rentals.Revenue: The average revenue per available rental in Red River Gorge can be estimated using tools like AirDNA.

I moved from the SF Bay Area to live and invest in Reno, NV because of it being much more landlord friendly, low property taxes, close to Northern CA and Lake Tahoe, strong appreciation, and I understood the market after speaking to a bunch of people and feeling confident about the future here.  

Contractually, I'm sure I'll be on the hook for something based on their PM favored literature, but can I contest that they have done absolutely nothing for me, including not paying me as my defense?

I definitely ended up passing on this "deal" based on the red flags.

Hi, my name is Sam Penrod, and I’m based in Indianapolis, IN.

I think many others have touched base on a lot of important points such as price and seasonality.

And if you're open to checking out another market with strong rents, positive cashflow, and 1% deals - I recommend Columbus OH.

They will be one lease to a room.That being said, the nonprofit will be filling the house based on their need; I will not be screening nor accepting/denying applicants.