The last policy they implemented before we cut ties with them was they started asking for a formal estimate for EVERY repair. 

As someone who has a tendency to spend excessively and live paycheck to paycheck, the lockdown measures implemented during the pandemic unexpectedly helped me stabilize my financial situation.

hello all, I am trying to purchase a 2nd property and have a couple of strategies I can implement but i am truly at a crossroads .

Let me know if you have any advice, S.O.Ps that I should have or books/resources I should devour or implement.

As @Eric Greenberg correctly pointed out, significant restrictions on STR use was implemented at the start of 2023.

This is analogous to a "Checkbook IRA" that uses an IRA-owned LLC to hold SDIRA assets.Within an SDIRA, the only way "checkbook control" is achievable is through the use of an IRA-owned entity.With QRPs, in contrast, "checkbook control" does not require the use of a QRP-owned entity to hold assets.Notwithstanding, when correctly implemented, there are benefits to investing within a QRP-owned LLC.TCF appears to take a "one-size fits all" approach by requiring that (a) every client establish an 401k-owned entity and (b) that entity be a Wyoming LLC or Colorado LLC. 

Identify the strategies you both want to implement on a specific property and stick to it.3.

Here are some diagrams to help you in your quest for answers on this subject:Asset Protection Decision Diagram - to help assess the need for asset protection, and what to implement : https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-decision-diagramAsset Protection Onion Diagram - what, when and at what cost one should implement in terms of asset protection - https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-onion-diagram-v2What is needed for a complete asset protection OR the domains that need to be intersected to find asset protection

So far they seem very interested in creating customized solutions to allow us to implement @Tom Wheelwright's strategies.

These forums are even more powerful because you'll connect with folks who are learning about and/or implementing the same things mentioned on the podcast.3 suggestions:1.