Most of the investment properties that we are looking at have minimal lease terms from the HOA of one month to six months.We are not opposed to buying this type of property.Questions:1.

@Tyler LingleI didn’t use a lawyer to file my LLC but used one forMy operating agreement.

I found the strategy to be less intensive than short-term rentals, but still challenging at times because there is more turn-over than long-term rentals.We make roughly 20% more on average in rental income with in being a Mid-term rental.My advice for picking a strategy is just to pick ONE and go ALL IN on that, so you can scale it. 

._____________________________________________________________________________________________________________7/28/24 - UPDATE WITH NEW PICTURES.Hi all, just sharing the update and the experience, we finally after interviewing about 4 different contractors picked the right one so far.

The one item I am not clear on is the 50% contingency on top of the contractor bids.

First, short term, I'd like to expand my portfolio of just one property into 2 by househacking by owner occupying a multi property.

Yes, you can convert a multimember LLC to a single-member LLC if one member leaves or sells their interest.

I don't have one in Joshua Tree yet.

And you flip one and make 30k and then you hold the second one and throw that 30k into a deal that you picked up for 150k. 

My question is since it’s only one rental.