Of course not all markets are you going to spend 10k on furniture and then double your rents or more than double the rent as in our case.

I have no idea why (never had a single fraud issue), but after spending several hours going down the rabbithole of figuring why this happened, we just want a solution.Some of the other banks we are with seem to make it overly complicated to have more than a single account.Any recos?

You can spend as little as $100 to form an LLC, or you could use an attorney and spend $1,000 or more.

In addition to properties across central and north Alabama, we also have options in Chattanooga, Tennessee.

You could also qualify if you spend more time on the property than anyone else involved, regardless of hitting 100 hours.Ex. managing contractors, handling bookings, setting up the property, or dealing with guest communications, you might meet the material participation requirement without needing to track 100 hours.The key is to document everything.

We used to own all of our houses but are about 50/50 lease vs. own, mainly because leasing allows us to move faster when opening additional houses. 

Whether it’s exploring new investment strategies or diving deeper into commercial appraisals, I’m excited to engage in meaningful discussions.In my spare time, I enjoy renovating properties and spending time with my family.Looking forward to being part of this amazing community and growing alongside everyone here!

That comes with an additional $500 per month after 3 months.

The attorney was "they already said they don't want to pay additional".

.- I have not done a brrrr since the rates increased in early 2022 because in my market they bleed cash after I perform a refi to extract some of the value add.  - it