From my 6 years of living in USA, my observation, I have realized that in American norms, parents' well-being in not their kids' responsibility.

While I'm also looking around, I figured I might as well ask the nice folks on BP.If you have a broker you love or a policy you've used before, would you mind sharing that info?

Well done again Michael!

I purchased this home back in 2020 knowing full well that eventually it would require a good bit of rehabbing.

If you can't satisfy this 3 point test, there's significant risk associated with pursuing an STR strategy no matter how well the project underwrites today.

I've done this with my properties because I'm well known in my small town and don't want people to know what I own.LEGAL PROTECTION: By placing your assets in an LLC, you are legally separating them from your personal assets.

I want somebody to fund up to a certain amount, $100-$200mil preferably, yet want to offer equity on acquisitions picked up after that amount is met and future real estate relate businesses, such as construction and staying companies as well.  

Their scope just includes the properties they are managing for you.So, whether you continue doing it yourself or hire a professional to do your books, you'll need a "master" accounting platform that collects all property-specific transactions as well as non-property-specific transactions (general business) into 1 place.

That one day trip will be well worth it.  

Do you invest in Ohio as well?