Additionally, have a clear budget, factoring in potential repair costs, and ensure you understand the rules about earnest money deposits and closing deadlines.LLC for Real Estate Investing: Forming an LLC for rental properties can offer liability protection and may provide tax advantages, though the tax benefits are non-existence for rentals.

You have highlighted the advantage that local investors such as yourself have over national buyers such as hedge funds who are the largest buyers of non-performing mortgages. 

Using a househack for an STR could be particularly advantageous in municipalities where STRs have been cracked down on more but still allow you to do it if you are living in the property.

I'd be happy to connect with you and will keep an eye out for resources I think we can both take advantage of.Best,Marc  Will do!!

So the big advantage of turn key is that you get a property that the property management company knows inside and out to eliminate negative surprises and you are getting a great management company and a good, qualified tenant from the start.  

Even if their online banking and technology is not as strong, the ability to take advantage of their ancillary banking services, most notably their real estate lending far outweighs any minor inconveniences. 

Another one who falls into this category along with Daryl Heller at Prestige/Paramount. 

This is a great place to learn and to connect with people so take advantage of all the great resources.

The problem I have with this is that I see no advantage for a successful property owner to participate.

So for example, a 761 credit score will be in the 760-779 credit category, then going down to 740-759 and so on. 2.