With a purchase price of $740,000 and construction budget of about $1.3 million, a future appraisal estimates its value at $3.75 million.

Account Closed Hi Rhonda, If honest I spent about $8,000, some say its a lot, (my parents did) some say its small when compared to many programs out there, either way I took a leap of faith and saw the potential it had for my future.  

I would also recommend getting a property manager as well in the future.

You can use HML don't get me wrong but if you just put a little bit effort in to pre-planning and getting all your ducks in a row then going with a traditional community bank would be a better option not only for your current new construction needs but also for future acquisitions.

You reference future events that have already occurred.

@Sean YangI can understand the hesitancy to go the remote route, but its certainly the wave of the future.

Each night of the week has a different price based on market trends for short term stays, not annual leases. 

Working to systemize this business to run efficiently with future limited supervision to then take the cashflow/profits to continue investing in building our long term rental portfolio as well as invest in other business endeavors.

This may result in lower rents and recoverable expenses, but it avoids a future lawsuit against you.

I wouldn't hesitate to buy another again in the future on the Paperstac platform.