Buy: Finding the Right PropertyThe first step in the BRRRR method is to purchase a property.

If I believe I can generate enough profit this year and navigate any potential inspections next year, I’d be comfortable moving forward—using the income earned to cover any necessary upgrades.An alternative exit strategy is to document the financial performance and sell the property as-is, highlighting its strong short-term rental income.Think through your next five moves, from best to worst-case scenarios, and make a decision that aligns with your goals. 

I was then told that's the rate for the area.

I appreciate all the info though.

If you already have existing property and transfer property to an LLC, then it could trigger the due on sale clause the bank.

Is your father in law financing 100% of the purchase price?

In addition to STR'ing the main house, he is building 2 more units (ADUs) on the back side of the property.

Real estate loans to owner occupied properties where the business of the owner is closed down - or SHOULD be, and the owner needs some time to sell the property.  

Sorry to jump on the back of this original post but I have a follow-up question to this response.

Some company paystubs have specific characteristics that are embedded in the document that make them a bit different.