My first property was chaotic with tenant troubles, so Ohio being a landlord-friendly state and Parma Heights being A-class location, I'm eager to get involved and experience the difference.

My first house hack involved me living in an enclosed patio while renting out all of the 3 rooms of a townhouse which was extreme, but I would not have the portfolio I do today if I did not take that first step! 

My name is Shai, and I’m currently involved in land flipping across different states in the U.S.

A couple questions first:1)  How many STRs are you involved with?

It's a quick fix-and-flip deal involving pool renovation and the addition of a bonus room.

You received some good guidance here from other investors on the costs involved to legalize a basement unit.

and i know that that there’s risk involved, so ill always be prepared for things not going according to plan. and i think starting small and gaining knowledge and experience over time is key. 

We are a boutique firm in Chattanooga and every agent in our firm is personally involved in either real estate development, owns investment properties or flips homes. 

This involves creating a Wyoming (WY) blocker LLC, which will act as the member-manager of the Michigan LLC.

Without involving a traditional lender, what kind of deal structures should we consider?