I understand I need to transfer my insurance to the LLC as well.

@Joey Keske hey Joey, this is a great community to meet people and there are a lot of meetups around tampa.

Since they are public numbers theres absolutely no protection for us from fraud.When submitting my accord for proof of insurance that goes directly from carrier to customer, not through my hands, unfortunately people have committed fraud with that number too.

What're some major issues people have seen with this process?

It helps determine if the project will meet the desired profit margins.CoC (Cash on Cash Return): I find this particularly important for fix-and-flip projects, as it measures the actual cash return on the cash you’ve invested, giving a clear picture of short-term profitability.Cap Rate (Capitalization Rate): While more commonly used for rental properties, it’s useful in understanding the potential income from a property relative to its price.IRR (Internal Rate of Return): This is a great metric for longer-term projects or those with varying cash flows, as it takes into account the time value of money.Some investors might overlook metrics like AAR (Average Annual Return) or EM (Equity Multiple) if they’re not as relevant to their specific strategy.

We're trying to understand why people would come to RR instead of Austin (prices on AirBnB seem to be quite similar in both locations). 

Lots of people think that STR is just instant cashflow, but it is fundamentally a different business model.

Trying to understand the process.

I am curious to know what other people are currently using and recommend.

That said, you might check on the price tags on houses in Tulsa compared to Philly to understand the different sale and rent range for these areas.