5) What Placement Fee did you negotiate with your PMC?

The short version is that you must have a  Private Placement Memorandum (PPM) to show your investors and you must decide upfront if you will only accept accredited investors or if you will allow investment from non-accredited investors.  

This is typically the slowest time of year for tenant placement, at least in our local market.

For example, our design team creates detailed plans that align with market trends, and our contractors execute them with precision.

Make it your business practice to post the notice to pay or quit precisely on the day after the grace period ends, every time.

@Emily Gowen These types of questions are precisely the focus of my firm.

But tell them what you are doing precisely - vacation rentals, not regular rentals.

@Andrew Slezak I recommend you first articulate precisely the liability events or concern which are pushing you to transfer the property to an LLC.

One key lesson was the importance of precise budgeting and renovation timelines.

Advice from other investors in your area who have done precisely what you want and the referrals they can give you will go a long way in helping you find the right market for you.