I actually ended up going through a big career change, and attended a 6-month bootcamp to learn Software Development after 7 years cooking professionally in fine-dining kitchens. 

My goal is to establish mutually beneficial relationships that enhance both their careers and mine.I look forward to connecting with like-minded individuals and teams passionate about success in real estate.

The idea would be to continue to scale in the same market with an established 'core four' team. 

My local community bank that I had a relationship established with helped me finance this deal.

However, state laws vary, so consult a real estate attorney.Hard Money to Conventional Refinance: Purchasing through a hard money lender in an LLC, then refinancing into a conventional loan after the rental history is established, can help secure better loan terms.State-Specific Considerations: Some states impose transfer taxes when moving a property to an LLC.From a tax perspective, LLCs are typically pass-through entities, meaning rental income and expenses flow to your personal tax return with no direct federal tax benefit.

Establish a wide safety buffer so you aren't broke at 80.

However, the CRA treats LLCs as corporations, meaning you could face double taxation—once in the US and again in Canada at the personal level when the income is distributed.Typically, this issue is addressed by establishing a holding LP or LLP and then using single-member disregarded LLCs that are wholly owned by the holding LP.

That is why a lot builders buy a few of their own homes and pay "all cash" after they are built to establish sold comps and set the market.If you have any questions feel free to reach out it can be tough trying to figure out the first few steps and what is required.

-Start with a JV structure on a few smaller projects to establish a track record before seeking full financing on your own.

Some design and amenity ideas:+ Welcoming living space with plush seating for family hangouts+ Coffee bar or stocked tea station for early mornings before campus events+ Dining table or breakfast nook perfect for family meals+ Dedicated workspace for parents who need to check in on workFor sports fans, tap into their game-day energy and make your STR the go-to spot for a fun, convenient stay:+ Big, comfortable seating & a great TV setup (think oversized couch, streaming sports channels)+ Game-day essentials like a mini fridge stocked with game-day snacks/drinks+ Outdoor space with a grill & seating for pre- or post-game gatherings+ Good parking (sports fans hate scrambling)+ Team spirit decor touches (subtle, not tacky—think framed sports prints, not full-on mascot murals)Your design & reviews will do most of the marketing but to market directly to these guests:🎯 List your STR on sites where parents and alumni book (if allowed)🎯 Partner with local businesses—coffee shops, sports bars, or tailgate services—where your ideal guests hang out🎯 Optimize your listing title and description with phrases like “Perfect for Visiting Parents & College Game Days”🎯 Time any discounts/promotions around major campus events—homecoming, graduation, big rivalry gamesThink of it this way, you’re not just offering a place to stay—you’re creating an experience they’ll want to book again and again.