It separates your personal assets from your business, providing a safeguard if any legal issues arise related to tenants or the property.

Have met him personally a couple times and he is just a great guy all around. 

I’m not a “people person” so they handle screening.

Any insights, personal experiences, or advice would be greatly appreciated!

Personally I think this is where a lot of sale lease back programs fail the seller.

So now I have both my personal residence and a leased property as STRs.Even though I live 3 hours away from my leased STR property, I've built a team that assists with managing it, so I don't have to be there all the time.Here are some key things I've learned:Regulations: Research the specific STR regulations in the state and city where you're looking to buy.

Contents (Personal Property): most homeowners policies give a set % of the Buildinglimit for Contents.

Maybe you don't notice it, but it's notable to others who have experienced life outside of CA and don't have CA as the singular center and whole of the universe in their mind. 

So same thing as an agent pick a technique and stick to it.Myself personally when I started as an agent I did not do follow up like I should have but what i did do was become a CLOSESR  If i got in front of them my success rate was very high so thats where I put my energy and my moto was next..If I could not close them first meeting I moved on the next. 

I had the initial call with a PadSplit sales person, but I wanted to talk to somebody who's actually doing it to get their perspective and advice.