Plus you keep the property as a rental that will continue to generate income and increase in value over time.

So even though the plan is STR we would still use LTR data.

Using an app to put in data, the app tells you how to get to the next location and what kinds of problems to look for and then prompts you to take pictures.

They can be an invaluable source for networking with the right people. 

Location is key, but if you can fill a the lack of lodging in the area you could make it successful.REgards,Bogdan We're 5 minutes off 84 in Cheshire you can use airdna.co to get data in the area

Now have equity (House has nearly doubled in value in 3 years) and positive rental cash flow.

The knowledge you will gain, as well as, in person networking from other investors is invaluable.

You can call any lender - keep the data they ask for (tax returns, paystubs, w2) because it'll pretty much be the same for any lender.

It’s an investment upfront, but it’ll teach you skills that are invaluable and allow you to network with like minded individuals and people who are doing exactly what you want to do.

@Jason Stoltzfus to give one data point...what did that lawyer cost for a 3-mbr LLC operating agreement?