TBH i think your best bet would be to have that 10% - 15% 'jr. debt' be from cash-out on another property, if it's an option.

Best bet is to talk to an experienced finance broker. 

Here I am giving advice....watch my progress before you take any of this to the bank :))

But if you're all about making as much money as possible with less effort, it might not be your best bet.

Congratulation on the progress by the way.

Wyoming is your best bet. 40 of my LLC's are there. 1 in Alaska, 1 in South Dakota and 3 in Colorado. 

Hi Kevin,Unless you have an imminent opportunity to invest and want to take a really active approach to real estate, it sounds like a good bet to hold for now.

I know there's some thought out there that you should cultivate direct relationships with insurance companies or construction companies, but  that's tying yourself to one industry when the platforms like Airbnb or Zillow are where a much wider pool of potential tenants are looking.Long-winded rant aside, I bet Atlanta has a great market for MTRs (and probably STRs if the laws allow them).

For sure mate,I bet in higher end markets where you are based in, it's mostly clients F@$#%ing over the contractors..In Toledo, it's the other way around.We mostly get screwed over by contractors heheHappy Saturday 😁 

If they are going to cover business activity, you can bet your bottom dollar that the insurer will review all of your practices and procedures in order to determine whether you are doing things safely and in a law-abiding manner (see above, first paragraph).So yes, get plenty of insurance, and a corporate entity between you and your adoring public may be most convenient (consult your lawyer as to whether and what type).