Don't break the STR rules, not worth it!

Nah, but everyone does need a break now and then.  

The break down:-Closing Costs: $12,500-Inspection: $225.00Appraisal: $345.00Repairs: $500.00Updates to home: $5,000.76Total cost: $18,570.76Buyer Paid: $210,000Purchase Agreement: $110,000Total left over: $100,000.00Total Costs: $18,570.76Payment by Chase bank to investor for releasing notice of interest for subject property:My Profit Fee: $81,429.24i repeated this process and got better everything time.  

@Stephen Heebner I don't want to break BP the rules (so I won't link to it), but we have a very informative blog post on our Labrador Lending dot com website entitled "How Passive is Note Investing?" 

In one instance an investor has pictures of two men breaking into his house, but because he had the door barricaded they just passed his new furnace out of the window!

What you choose to do won't make or break your success, how you choose to do it will.

The tank holds the solids to allow them to settle and break down . 

Lots of learnings and more to come as we break ground this December!

It brings up another question then... lets say I only break even on mortgage vs rent, if I am in between tenants for a month or more, which means my operating income isn't enough to cover the mortgage, at this point if I choose to deposit my personal money to the LLC bank account to cover the mortgage for those months, does that create a potential legal issue down the line if I do get sued?

@Jassem A.I'm not sure I agree, I've done several successful BRRRRs, and now that interest rates have increased I can still BRRRR, but when I refinance I am more likely to break even rather than cash flow.