Review your loan agreement for restrictions, and consult legal and tax professionals to ensure compliance and protect your interests.In C State, you can elect to file MMLLC as disregarded entity for tax reasons.

To be fair, I literally did no Due Diligence, but it open my eyes how you can't trust the promotional blabla at all, you really have to do a detailed review of all the deal facts yourself.

May your bookings be as plentiful as you wish, your guests be low-maintenance, thoughtful, and honest, and your positive reviews numerous.

I have mixed reviews tbh.

1. overestimate ARV2. underestimate repair costs3. trusting contractors4. doing anything DIY or without permits5. not counting holding costs, especially with hard moneyThose are five common ones.Hey Jonathan, thanks for reviewing the five most common mistakes beginner flippers make; very helpful information!

I am going to start doing reviews of these and will post them here.

You can reach out to me via email, this is something a lawyer can review your loan documents and lease, prior to execution.

You may also want to review your lease as well regarding access to the garage.

I'd encourage you to go back & review your PMA so you understand exactly how they charge maintenance repairs.

From what I've seen and the reviews, it's fairly easy to find these deals and works in remote markets, as you're not maintaining the properties.