Same goes for number of LLCs and what to fund them with, since bear in mind that CA tends to be more cumbersome and expensive to have LLCs than other states.California is generally more cumbersome than other states when it comes to taxes and filings.

I will say from experience that STR renters tend to be more needy than long-term. 

,Our "pitchbook" tends to be anywhere from 5-10 pages and we each one is deal specific. 

Usually in my experience that tends to come back higher, aligning with the comps, after the actual renovation was done. 

@Brett BurkyThank you for noting I made a good point - see even a blind squirrel 🐿️ eventually finds a nut.To original poster - I tend to be brutally honest at times so happy to share my opinions on anything you are looking at

If your goal is to acquire many units, consider looking into more affordable markets such as Akron, Cleveland, Dayton, and Toledo, which tend to be more favorable for this type of investment.

-guests tend to love the property and they do say its unique and a very nice experience. airbnb link to my profile below, scroll down to find all 6 listings.https://www.airbnb.com/users/show/423988383 

. - provided you can resist the urge to spend it instead of using it as intended.Yes, you can add to the principal payment amount every month if your budget supports that.Here's the piece that folks tend to gloss over: This method of debt acceleration only works if you have money left over at the end of the month after all your debts and expenses are covered. 

Using a discount broker with tend to leave the seller feeling like they need to do a lot of the marketing.

I understand the argument that the general public should not be restricted from investing in “highly profitable” deals, but what tends to end up being offered to unaccredited, unsophisticated investors in the “junk” end of the investment spectrum.