One option in the future people use as a "loop hole" is to purchase the property in your personal name using a residential loan then quit claim deed it into the LLC after purchase.

Also, for those that like to closely supervise, it may seem daunting ensuring legal claims don't develop against you when you can't physically check on the property yourself.

The folks who claim to have predicted correctly in the past generally are confusing luck with a prediction.

That lawsuit is a claim for fraud, and that’s what fraud typically is...a misunderstanding and someone being “injured” and wanting to hold the other responsible for it.

I think allot has to do with the fact Expedia owns VRBO and HomeAway and realized too late that STR market is taking market share from their hotel customer clients on their Expedia platform. 

I put in a new roof, it was capitalized.Someone that claimed to be a CPA chimed in and said that there was a minimum of something like 3k-5k of expenses such as furniture and appliances that can be expensed before they have to be capitalized.  

On the low end in California I see custom houses get built for $250/SF + land acquisition costs - on the higher end I've seen easily over $1,000/SF.Easiest way to build would be to find a partially developed piece of land off an existing tract where roads, utilities, and zoning wont be an issue and you wont have to go through lengthy entitlement processes.

Weirdly, tenant occupants get a whole paragraph explaining that liability still accrues to the property owner who is the mandatory HOA member, which immediately disproves the claim there's an uncovered liability issue with tenants fully enjoying to pool.  

It was so bad we had about a $30K insurance claim.  

That lawsuit is a claim for fraud, and that’s what fraud typically is...a misunderstanding and someone being “injured” and wanting to hold the other responsible for it.