I think I understand the basic process, and am most interested in the BRRRR method.

She removed a lot of stuff, but this is the end result.She is very nice, pays like clockwork, communicates well, and never fusses. 

Hey, what method do you use to pull out 70% equity?

@Keith Boley @Salim BhuiyanYes, I would use them again, and recommend the DST.I think it is the best method of asset protection for someone who holds a self owned portfolio, especially as a California resident.Royal legal has had growing pains like I mentioned, but they are fair and the best at the DST used in this fashion.Like I mentioned, once you form a relationship with one of their attorneys, you have a point of contact and not messing with their outsourced answering system.For example, the Attorney I am in direct contact with at Royal Legal is extremely personable, knowledge, and timely.

Ideally, I wanted to buy a property without a loan and do the BRRRR method, do to not many decently priced properties in the area that have some potential to remodel or add an addition to for adding more value to the property then cash refinancing after renting to move on to the next one.

A short term rental requires quite a bit more effort than a long term rental including quick response to all guest communications, managing cleanings after every stay, keeping on top of maintenance (emergency and deferred), marketing the property on all major OTA sites (i.e.

What we are looking for:To invest in both the BRRRR method/flipping properties and buy-and-hold properties.

One method is to research the fair market value of the property and surrounding properties to compare that value to the estimated cost of repairs, cost of any liens, and cost of any judicial action needed for eviction. 6.

A quick search on the Zillow map with the above method shows no less than 25,000 properties listed for sale by owner & others in the US.

As a result, my primary duties were to determine (often through specific communication with the direct local municipality or planning individual) whether a property could be utilized as a vacation rental.