It's a delayed gratification move - solid wealth building.Be sure to reward yourselves in a small way so you celebrate your progress.

As we continue to pursue investment opportunities, it is important to reflect and celebrate significant victories like this.Our investment team was able to identify this project and the potential it had as an investment; the construction team completed this project efficiently and beautifully.

This is just what we need - washed up D-list "celebrities" getting into the guru game. 

After some negotiating, we got it under contract at $240k, and celebrated on the contract signing date, because I knew we just made money....We negotiated another $2500 off the contract price to help replace the electric panel and closed at 237,500 with 3.5% down, FHA...In the next year we put about $30k into the house including the following improvements10mm laminate flooring throughoutcomplete remodel of master bathpartial remodel of guest bathnew panelnew ACnew paint inside and outminor roof repaircouple new windowssome new appliancesnew drivewaynew front landscapingI know it's important to have an exact figure...in that 30k I'm rolling some furnishings and fixtures into it..I forgot to mention we also have a large yard, and no immediate neighbors behind us..great lot in this neighborhood. 

BP is only REI place I know where rising real estate prices are a bad thing and where bad economic news is celebrated.

From reading forum posts there is a lot of controversy on this topic and strong opinions on both sides of the argument, can you give a few examples of how starting an LLC for a SFR rental property may be a disadvantage?

Don't forget to celebrate (and raise that rent annually)!

Also to get more specific... any Kissimmee, Orlando, Celebration or surrounding area agents out there willing to help me along this process of finding a property that allows short term rentals? 

Celebrate/repeatA good pointer I’ve heard from other agents is to look to be a listing agent Instead of buyers agent, as buyers tend to be more difficult to deal with I believe.Good luck !

So I've got a controversial topic to throw out to the BP community.