)  Arizona Arizona is a snow bird state, we have golf, baseball training, then a dead hot summer where nobody comeshow can I come up with some numbers before wasting time to look for furnitures and buying beds ?

Rents will go up.

I probably would have tried to come up with a way to do 2 bedroom so that we could sleep more.

Thanks Brittany, I am ok with the risk mostly because of a health back up income.

I was considering having a lawyer draw up a baseline loan doc and make tweaks to it on a per loan basis.

There are some great meet ups in your area I'm sure and a lot of people at those meet ups are more than happy to chat and give ideas and answer questions.

Yes, You can buy and asset, fix it up and rent it out to make money without you physically having to work for the money. 

Unsure about STR regulations in Charleston but I would advise you to search "arbitrage" on this forum and read up on the hundreds of pros and cons responses here before diving in to any market using the arbitrage model.

That fee went up to $20k in Season 4. 

.✅ Knowledge of Chicago Rental Laws – A good property manager stays up to date on local laws, helping you avoid costly legal mistakes.✅ Maintenance & Repairs Handled – No more emergency calls at 2 AM about a broken water heater!