I currently manage a portfolio of 17 STRs, some are mine, but a majority for other owners.

I am a broker and property manager here in Clarksville, TN.

After building a portfolio of fully renovated homes I wanted to give this model a chance.

This will save you time and effort, as you won’t have to travel long distances to manage different properties or handle tenant issues.For your first investment, I suggest starting with 2-4 unit properties.

But I'd like to see Lynnette's projects to support your claim "the portfolio was a 30% increase in cost to the consumers" since in TN, NC, VA, NC PPAs are priced at avoided costs. 

I'm an investor, flipper, and property management company owner in central CT. 

I’m excited to exchange ideas and see where we can take your portfolio!

There is no "perfect" structure out there but I've tried a lot of different ones within QBO over the years and this is by far the best I've found.I use this structure for my own portfolio as well.Hope that helps!

Starting out in real estate can feel overwhelming, but breaking it into clear steps makes it manageable.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.