If you decide to revisit STRs, you might want to explore properties where you can project expenses independently, such as using local STR forums or online tools to estimate maintenance, management, and occupancy costs.For networking and strategy-building, you might find local meetups or groups beneficial.

** This is part 6 of me documenting my fun and often stressful real estate journeyThe nightmare is finally over.Today I close on my second flip ending what will hopefully be the roughest period of my investing journey.

You just need basic documentation, such as the NIF (Tax Identification Number) of your company if it’s already registered, and they usually take care of the rest.I recommend, Jesús, that before signing up for a virtual office, you first establish your company (SL) and officially register it.

Others might be fine with taking risk, but least by doing this a person can get an idea of what might go wrong.e) Legal document analysis: it will usually take a few days to go through the legal document properly, as almost inevitably there are tons of gotchas that either have to be explained, or mitigated with a side letter.That is the very short summary of what I do.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

While my husband and his ex make a similar income and do not exchange child support due to us pointing that out in court a couple of years ago, she actively request all financial documents that she possibly can and examines our taxes, etc. 

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

Fake income documents are easily purchased online, and inexperienced screeners often miss red flags.

This is the renovation criteria I use in order to make sure the place is clean, safe and actually ready to rent. https://docs.google.com/document/d/1MreMNvXxPZy7AaqMGMFPVunQ... 

People say don't do it but if you do it right, it can be very beneficial.