The lender will fund a large percentage of the purchase price (up to 85-90%) plus the full rehab costs.

How do people who acquire and manage STR's track the time for their Active Material Participation activities? 

Its usually best to go the permit route when adding bathrooms ect but comes at a cost time/expense wise.

As Indy continues to grow the inventory for older builds is still high and the cost of entry and relatively low.

I am looking for a Central Florida broker to hang my license with who has property management opportunities in Seminole county.

What is the average cost per foot to do those items, mainly the electrical, plumbing as well as all new sheetrock. 

They mentioned that with the rent increase, this improvement is the least I could do.At this point, I’m hesitant to switch to hardwood floors, as they’ve just started paying the new rent, and it would take some time for me to recoup the costs of such a change.

The Holding company will be the "Member/Owner" of the 3 LLCs (2 property holding LLCs, and the new Property Management Company LLC).The purpose for this then would be that I would really only need to manage "books" on the property Management LLC, and because the Holding company was the owner of all 3 of these LLCs, I could use the property Management LLC to pay all of the bills, collect the rent, maintenance etc. 

A year of management will cost you less than what you are about to lose with this one tenant.

I continue to work and earn to cover my costs and save some.