An LLC when properly formed and administered provides separation and protection of assets that are outside of the LLC from the actions of the LLC.  

So, if you don't know how to build financial models, there are some available that are pretty good online (adventures in CRE is a great resource).  

A lot of the popular areas in Charleston proper that are not licensed under the old laws now require the owner to live on the premises to obtain an STR license.

A handy search bar in the upper right makes it easy to find previous discussions, blogs, podcasts, and other resources.

As mentioned mold needs moisture and the best way to get rid of moisture is proper air ventilation.

Crossing the lines may not provide proper liability protection.Personally, I just kept my SF rentals in my name and got excellent insurance coverage, $500K per property plus a $2M umbrella.

They tend to have less experience, less knowledge, fewer resources, and are more likely to be crooked than a large company that's been around for 30 years.

I am just starting out on Bigger Pockets and am excited to review all of the resources available.

Hope you find this resource helpful.

The ownership structure as indicated on the title must match the named insured on the policy to ensure proper coverage.