Every PM operates differently, and at the end of the day, there is tons of information you can navigate on your own in the beginning stages online, but surely there will be PM's that would be more than happy to assist you on journey. 

Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.

Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.

You started off good with cost being paid in stages, but it sounds like you paid before you verified they actually hit their benchmarks.b.

I'm in the information gathering stage so any and all insight is greatly appreciated.

Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.

Im new to the investing world and am still in the early stages, I've been studying and researching for the past five years.

What I did find is that as a builder in eastern tennessee, I could build STR cabins for less than 70% LTV so that I could effectively BRRR my way into growth without coming out of pocket for a down payment.Now it does take a lot more cash to do because as a builder I have to front a lot of money at times (land, permits, each stage of construction while I'm waiting on the draw). 

Here’s a breakdown on whether an LLC might be useful at this stage:1.

Appreciate you taking the time to outline these thoughts.I have not spoken to local lenders or contractors yet, as I'm still in the preliminary stages of evaluating the opportunity from a numbers perspective.