BP Forum:I am a remote, out-of-state landlord with two rental properties in the Tampa area.  In light of the pending Hurricane, I am anticipating significant damage to at least 1 of the units - likely rendering it uni...

You can do the process under an LLC and sell the LLC to a non-profit.

It’s 100% refundable if you find a problem so you’re waving a huge red flag when you fight and die on this hill. 

They can be a huge issue in a college town.

Your engineering and project management background must be a huge asset in analyzing deals and market trends — perfect for the dynamic Bay Area market.

In the example below, it shows my "Vrbo commission" is 5% and their "payment processing fee" is 3%, so they take a total of 8% (of the nightly rate + cleaning fee + pet fee). 

TIAErich  Erich - I would echo other's comments, but also point you in the direction of a Bigger Pocket book, "Estimating Rehab Costs" - It's a 2019 version, so the actual dollar amounts will need to be increased, but it can give you a good starting point for the process that you can refine/update over time. 

Once you have stabilized these properties and feel more confident about the process, you could refinance these and start doing BRRRRs.

Love your thought process on it all.

Im currently in the process of building the team and I'm getting ready to make several trips to the area.