All your properties may be perfect but if you are transparent about why something is not in service, it makes sense, and they agree it works just fine for long-term rentals.

I think the main points would apply to you as well.STR is great, as long as you go into it with eyes wide open and reasonable expectations. 

On the other hand, I feel one of the main advantages of passive investments (via syndication/crowdfunding) is that I can hire a manager who has years more experience than I can ever hope to obtain myself.

A couple thoughts on your question:I tell our STR investors in Colorado that their main goal should be to set up the right way right out of the gate.

Quote from @Jessie Matlock:One of my main questions is, I've been told I'll receive a K1 statement and that my monthly returns will be tax free. 1) Is it true they will be tax free? 

Ideally LADWP will prioritize the infrastructure repairs and new service requests to these properties as getting power service in LA can be 6-24 months without project prioritization.

Problem with Zillow and FB is they have this annoying "1-click reply" where people can just click on your ad without reading it and you get an automated message "Joe is interested in your apartment at 123 Main St."

The definition of “livable” or “finished” space can be surprisingly specific.In many markets, including here in Arizona, appraisers and agents generally want the space to be finished in a manner consistant with the rest of the home and serviced by a more permanent heating and cooling source.

In my experience, a successful BRRRR typically comes down to two main things: finding a good deal and managing an efficient renovation.

There is no Due on Sale Police, the loan is serviced by a Servicer who is paid just a few dollars per month to service the loan.