Of course, your opinion is just as valid as mine, and if it works for you, that's all well and good.True, you definitely do NOT want to give up a 3% loan....BUT there are numerous CREATIVE ways to build net worth FASTER than hold and reinvest cash flow.  

@Zachary WurtzMy recommendation would be to contact geraci or doss law and work with them to create the docs you need and after explaining to them they can tell you what is best to use in the state you are operating in

We make a lot more developing than operating locations.B.  

Call the cops saying they are running a drug operation and they get arrested.

You can still operate it within the LLC and get rental income on your personal tax return in a few ways. 

I suspect there’s also a correlation between the lower eviction rate operators and longevity of operation, longevity of leases, reduced management/operational costs & greater appreciation.  

@Anibal Mijangos, there's a good friend of mine down in the SoCal area (Calvin Tran) that doesn't do arbitrage for STR specifically, but does it for corporate / mid-term rentals instead.

Any operators in this space that could give me some feedback based on their experience, where to focus?

Mine is actually a 2-unit (2/1 on each side) and when looking at comps, I'm torn between focusing on only 2-unit multis or is it okay to consider 4/2 SFHs as well?

Repairs generally include work that maintains the property in its original, operating condition without significantly enhancing its value.