When you say the older vintage properties cash flow better I’m concerned you’re focusing in on properties  in areas that are below today’s replacement cost but in areas that cannot absorb the required capex.

Is it a must to have a property manager on the vacation rental due to the city rental database requirement?

Hi Dustin, All bridge and HMLs require an LLC as they are business purpose financing products.

Our best use for the property would be to build a couple of large estate home (8k sq' and up) and form a private estate, but, being that we are in the County with no existing zoning requirements, we could also build what we want and potentially turn it into an income generating property.

I would call them and send certified letter signature required or if nearby drive to their last known address.

In our experience as a property management company, we allow owners to use home warranties, but they are required to coordinate directly with the warranty company themselves.The main issue we’ve seen is that home warranties can significantly delay even simple repairs.

Get a DBA and use to open a business bank account.Have your properties "hire" the DBA to manage your rentals and collect rents.Most states require a lease to identify the owner of a leased property, whether a person, trust, LLC, IRA, etc.Landlord = Lord of the Land = Owner per deedAgent = someone legally representing the ownerProperty Manager = Agent

Is it required every turnover..so 3-4x.a year with MTR or is one inspection good for a year?

Being a savy investor requires more than buying a property at a good price.

Also come from the construction industry on the material manufacturer side.