The way Wayne County PA handles its OTC property inventory is to hold auctions four times a year.

I am a real estate investor (with a concentration in buy-and-hold properties) as well as a Police Officer for the city and I will warn you that crime is an issue.

Hi, all, I see in this forum many people are recommending form a LLC and use the LLC to hold rental for asset protection purpose.

STR regulations are a big consideration before you make any big capital improvements specifically for short term stays, also running your numbers and making sure that your area offers consistent returns above what you'd get renting it long-term.

Unless you can come to terms with this individual; eviction might be the only route, and that might be a tricky process with someone who "knows their rights" my buddy recently had an issue with this, and it took him over a year to remove the tenant.

In short, all of the people that you need on your "team" that I have used personally, as well as, many of my clients for many years.

Also, in terms of flooring for the storefront what material would be best in terms of money and quality? 

He's making more money with it than any of his other short-term rentals.The riches are in the niches.

Hi @John Paulus - Every situation will be different, but I recommend finding a GC that you can truly partner with for the long term. 

Each city has a different zoning for short-term rentals.5.