Germantown has better cash flow potential but may require more hands-on management.

Hey @Beau WollensYour numbers show a massive swing in potential profit, so refining your renovation estimate is critical.

Waiting until the 1-year period ends avoids potential loan issues and simplifies things.

The cost associated with insurance for not having 20% is peanuts compared to what you potentially can do leveraging your down payment. 

Diversifying your portfolio could reduce risk and improve overall returns.Higher Cash Flow Potential: If you redeploy the equity into markets with higher cash-on-cash returns, you could significantly increase your monthly cash flow.

Reach out if you would like to compare options or revenue potential for different homes and communities. 

Hi guys, I have some questions about putting property into LLCs/protecting assets, any information is greatly appreciated: Question 1: my understanding is that an LLC needs to be actively conducting business in its registered state in order for the LLC protections to apply, otherwise a judge could potentially pierce the corporate veil.

If something does happen you can at least show AirBNB that you stated that there may be issues and the guests were made aware of a potential problem.  

Attend real estate meetups and networking events in your area to connect with potential lenders and other investors.

I am from some of the worst areas in Detroit and have since moved outside of the areas that would be considered “unsafe” but because I am from Detroit I am familiar with areas that are redeveloping and have great growth potential; lots of new construction, townhomes even, and lots of land.