Whether it be targeting corporate transplants by putting it on AirBNB for a minimum of 30 days - STR permits not required - or the classic year long contracts. 

OfficePushing DaisiesCSI: (the one with the Navy... can't remember the name... definitely *not* Miami, sometimes Las Vegas, occassionally New York :mrgreen: )Lots of old movies on Turner Classic Network-- love the silent films on Sunday night(Hi Josh :cool: )

Even by the classic long term guideline that rents must exceed 1% of the purchase price, this is a bad investment.

I want to avoid the classic way in which RE Investors go out - over leveraging.  

You're truly a gentleman in the classic sense of the Rockefeller's and Carnegie's who gave something back to the community rather than hoard every dime like the current cast of crooks running this country.

Yes, that is classic Ponzi. 

Please let me know how many of you will be willing to meet at least once a month on 3rd or 4th Saturday morning at Classic Beans near Fairlawn Plaza.

Even though LLC is a pass through entity, wouldn't this fall under the classic case of co-mingling the personal funds with business funds?

It would be similar to the classic "trust fund" that people talk about rich people having.Of course, doing this will have huge implications on taxes. 

Classic case of legislating from the bench......grrrrrrrrrrrrrr