The LLC would then cut a check to its members based on the decision of its managers.Once the cash is deposited into your personal account, you can blow it on Megamillions tickets or fancy hair products without worry.My wife and I have weekly Friday business "meetings" at a restaurant. 

I own two very successful airbnbs which provide me and my family with about $4000 a month cash flow, but a lot of lenders won't consider these properties as they don't have year long leases...I'm starting to pull my hair out with this. 

My portfolio is comprised of the standard retinue of a small commercial landlord, a hair salon, a mom and pop restaurant, a brand new (less than 2 week old) fitness trainer and an optometrist.

Here's how:1) If you are a licensed real estate broker, make hard money loans using other people's money (qualified investors) and make it a practice to take your fees and commissions in the form of equity in as many well-collateralized deals as you can2) Whether licensed or not, you can buy notes with "hair" and solve the problems with either the debtor relationship, the documentation or the collateral.

In total, combing 2 private meetings/interviews, we spent approx 5 hours with Mayor Scott Jablow, Assistant Mayor Holli Ploog, Housing Manager Shannon Boone, and their in-house council.My take-away:The Sedona government is receiving a lot of pressure from people that are anti-STR.

Although paid a bit more I went with known companies for things like windows to make sure I wouldn't have any issues being long distance. patience and not pulling my hair out when things didn't go right. 

The total rent from everything is roughly $45K per month at the moment (4K per apartment, 10K from a restaurant and 5K each from a nail spa and a hair saloon) and I believe there is a small upside in rent after pandemic. 

If you dont't have an agent combing through the MLS for you, maybe check out Zillow & filter it as FSBO. 

I usually just call them Buyers Brokers, but no need to split hairs..Anyone who considers themselves to be a qualified Brooklyn Bird Dog should contact me ASAP.  

As I have combing through potential deals and analysis, I have found that a combination of lack of cashflow, high property taxes, shrinking population and virtually nothing to attract potential tenants in much of the state is making out-of-state investing seem like a much better bet to a smaller, beginner investor looking to keep costs low and scale gradually through buy and hold.