Without complete financials up to that point, extra work (and headache) will be required to get everything straight after years of failure to keep complete financials.There also might be an asset protection wrinkle by not maintaining complete books for an LLC, but I won't comment on that as I'm not an attorney.

I saw someone post in a group who I think is a schmuck brag about hitting a specific figure for their training and I just shook my head - like wow - this person is a great sales person and just steals the same lines from the business book about working hard and throwing out some slick slogans - but man oh man - when real estate gets hard people move to being a guru - just look at FB ads right now - many are not funds anymore but how to raise money, how to do X.

One challenge about short term rentals is that they are not always booked and initially getting those bookings to a minute, people were more hesitant since we didn't have the super host and premier rating.

Without this foundation any money spent on gurus, courses, books mentorships that teach techniques and methods is WASTED, even if the methodology being taught is valid.  

I’ve not used them (Stessa is working for me) but I’ve read positive things from others using those as a DIY book keeping solution.

So I started listening to the BP podcasts and buying books on the topic, and that’s where I am now.

They generally let you as long as you haven't had 3 bookings and your listing is less than 90 days old.  

Plenty of successful multifamily investors have written books or have podcasts where you can learn a lot for almost nothing.

That method will increase your ROE significantly more.Also read the BP book on BRRRR investing.

We have recently partnered with Outsite.co, one of the largest coworking/coliving communities in the world to handle booking and management.The property itself has appreciated and we are watching the market to determine the best time to hold a capital event.