This ensures the asset is under the LLC from the outset.Networking with seasoned investors and joining local investment groups can provide you with deeper insights and best practices.Good Luck!

It does require a deeper clean on the turnover so that's a cost to be aware of outside of additional wear and tare. 95% of my guests bring pets and I think that's why my occupancy is 5-10% across the board.

I call it "digging my moat deeper" because I'm reducing my debt burden.

The best thing to do is pick 2-3 areas you want to go, research the city rules and regs to confirm they are for sure good to go in the STR permit process and then dig deeper on those markets on the best streets/night life and all  

Nik Gak is a lender who mainly does the NYC area, but will delve into other markets if the investment is a good one. 

@Jaimee ChazenSuper surface level, it looks like it could be a good deal, dive deeper.

Is this deal as simple as getting an exterminator in every few months, or is there a deeper problem here that threatens the beauty of this deal?

Huge help when you need to dig a little deeper into expenses.  

I'm also interested in land acquisition for future residential & commercial new construction developments.I'm excited to delve more into real estate as it really shapes many aspects of life.

It can serve as a preliminary guide, but I'd recommend diving deeper, possibly with a local property manager or your agent, to get a more accurate rental estimate.