While you can’t completely control who applies to live in your properties, you most definitely can find areas that are popular with students, young professionals, families, etc. 4) just as important as finding the property, you need to have an exit strategy in mind for the property.

I assumed that they just started pushing their strategy.

Nothings gonna go perfect, so anticipate some extra time.Exit Strategy - What's your out plan?

Much appreciated,J I know @Jonathan Klemm has operated a STR in Chicago and I believe you are correct about the occupancy rules.Like @Michael Baum said considering the mid-term rental strategy (30-90 days) may be a good strategy to get around STR rules.

It's a very hands-on strategy, and the position of "BRRRR quarterback" just doesn't exist - that's you. 

The strategy I would like to BRRR because I do want to scale in the long run.

Here are some of the key things to keep in mind when choosing an asset protection strategy for your rental properties:Your risk tolerance: If you are not very worried about being sued, you may not need the best level of protection.

Hi, I am a new member in the beginning stages of creating my investment strategy.

Bought my first property in FL last year with my mother as a partner. 50/50 she is the occupant paying the mortgage, I am a non occupant primary owner. Not sure if Id be able to refi becuase its so soon? Im looking to...

There is always higher risk when operating with hard money, so you'll want to make sure that you buy a solid deal, in a good neighborhood, and have a plan for rehab and exit strategy.