What are things to consider when creating a LLC in the construction industry?

@Tucker Cummings I feel that a lot of the time the industry focuses primarily on cash flow and it is key like you said.

Do not rely on an industry (wholesaling) that is mostly a mirage and that most people fail at.

If you contractually agreed to make the payment on the loan so there are a lot of reasons why a sub 2 transaction is better left for those who have an army of attorneys and can withstand a lot of lawsuits for the average joe or jane out there those types of strategies are probably left for the experts in the industry as a whole.

Hey Neil,I am brand new to the industry, I spent about 5 months listening to podcast and read a few books before I saw an opportunity to jump into the industry.

Also, have a good amount of reserves and a backup plan in case regulations change, because the Airbnb/VRBO short term industry is still new and changing.

How long have you been in the industry? 

The extended stay hospitality industry is on fire since it remained profitably all the way through the covid crisis.

My background in interior design combined with my knowledge and experience in the real estate industry makes flipping homes a natural fit.

I would also check the job diversity of the city and how diverse the industries are for a little more stability overall.