I think the experience of the operator is the biggest risk factor we see.

Lots of different factors. 

STR is becoming a difficult strategy because there are so many costs (furniture maintenance, utilities, internet, etc.) that you have to factor in and if you are in an oversaturated market, then unless your property is unique, you can only compete on price.

Yes, on the original contract it states "My Company, or designated entity" and yes, I told my realtor it was being assigned, and also forwarded the assignment contract to title, all prior to the deal falling apart.Would that change things at all?

We wouldn't start custom coding without a formal agreement in place.Your monthly or yearly spend isn't a determining factor for us.

Original “living room”New: Office SpaceOriginal BedroomNew BedroomOriginal BathroomNew Bathroom: View 1New Bathroom: View 2INTERIOR PRODUCT AND DESIGN CHOICESCooking and dining together is a big family activity for us.

Take the below with a grain of salt.When deciding whether to form an LLC in the state where your real estate property is located or in the state where you reside, several factors need to be considered:1.

Would your design choices change based on the number of guests you’re hosting?

If your looking to purchase long term rentals low crime, proximity to amenities, and good schools all factor into that.

Take your monthly rental income and then subtract ALL your monthly expenses: Mortgage, Interest, Taxes, Insurance, Property management, utilities, vacancy factor, maintenance/repairs, etc...