I also watch occupancy rates and adjust if bookings are low.

Currently reading Michael Blanks, "Financial Freedom w/ REI" book.

Typical cost for the setup would be in the $15,000 range which would include production of the Private Placement Memorandum, Subscription Agreement, and Operating Agreement, Investor Qualification Forms, as well as filing Form D with the SEC, and state “Blue Sky” filings in those states where your investors reside. 

That's much further than most ever get.Have you read Coach Carson's book, The Small and Mighty Investor?

Maryland is one of only a handful of states that does not require Property Managers to have a license from the Real Estate Commission, although it is optional.Also, selfish plug, I am fully licensed and run Blue Door Residential Property Management and am happy to speak with you.

I manage 3 STR rentals in the Blue Ridge area.I have great teams surrounding me for both management portfolios and ready to grow.Looking to connect!

I will check out J Scotts book.

That is the kind of wrap note that would be a miss in my book.

Pretty good book on the subject:https://www.amazon.com/Subsidized-Comprehensive-Government-F...

Read some books.