A pool can be a big liability, but can also be a bonus for the right tenant that is willing to pay extra for that amenity.

This structure simplifies management, centralizes ownership, and provides an extra layer of liability protection.Tax-wise, the state where each property is located will still require income tax reporting and LLC fees.

I think if you have a little extra time, operating a smaller STR business can pick up some good income.

We have increased our monthly rent to price ratio from your ~0.75% to 1.1% but the leverage ate up all the extra cash flow (even if the total return is likely higher).You could be a cash buyer and go from your one property to 20 and cash flow 20000/mo but you are still having to buy and manage 20 properties.You can do better on the total cash flow in other markets or rougher neighborhoods, but the story is similar: you are getting an extra ~25-35% in income for 20x the hassle.

It seems like you’d get at least an extra $100/mo and it would pay for itself.

As I understood that allowed me to have an extra layer of liability protection. 

Instead:401(k) loans: They’re low-interest, and you’re paying yourself back.Roth rollovers If you can afford the taxes now, this gives future flexibility.Creative financing: I’ve seen clients leverage partnerships or seller financing to limit retirement fund withdrawals.One thing to consider: real estate markets today are vastly different from a decade ago.. so opportunities may require extra creativity.Have you looked into specific deals yet?

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

This gives them significant control and security.Joint Venture Agreement with Personal Guarantee: We establish a Joint Venture (JV) agreement that includes a personal guarantee, providing an additional layer of security for our investors.Memorandum Filing: We file a memorandum in the county where the property is located.

I actually am an attorney, and still send mine for extra vetting.