This strategy helped a Phoenix investor rank higher in the “Group Stays” category.A/B testing is another essential step.

People will sleep on it if it is decent and allows them to stay with the family.

I would focus my attentions here and try to stay local (within a 4 hour drive) as the POH rentals require more engagement.Financing is a tough deal... but sometimes you can find those Mom and Pop operations with quite a few POH rentals that will work with seller financing on a reasonable interest rate with a balloon within 5-7 years. 

Specifically:Licensed and Insured Contractors:Strong experience in fix-and-flip projects is preferred.Proven track record for meeting deadlines and staying within budget.Interested in building a long-term working relationship.Real Estate Agents:Knowledgeable about properties in Chattanooga and surrounding areas.Skilled in identifying high ROI opportunities for fix-and-flip projects.Open to partnering with an investor for repeat business.If you or someone you know is a great fit, please comment below or send me a direct message.

If you don't have the relationships, hire someone who does.This is why Brian Burke can go “large corporate” while I have to stay “small private”; he has the ability to MANAGE PEOPLE that I do not.  

I personally only use TN LLC because I am diligently maintaining all corporate formalities and staying up date with state LLC laws, this is my personal choice but again.. this all depends on your specific risk tolerance and investment situation. 

I would stay away from section 8, pull credit and background, and call referrals, and look at pay stubs for everyone who applies.

This allows many groups (I know the crew at Easy Street can do this) even close a loan in a week or less.They'll stay off of your personal credit, while not impacting your personal debt to income which is valuable as you start to scale.

Consulting a tax professional before making use changes can help maximize deductions while staying compliant.This post does not create a CPA-Client relationship.

Stay in and be part of this 721 or lose my investment most likely.