It will be fully furnished and rented to traveling professionals such as traveling nurses, interns etc. for 30 days or more.I am looking for a property manager who can help with operations like leasing, upkeep etc.

Hey Eric - Happy to answer any questions...I replied to your personal email so you have my contact info...The type of audit I was referring to wasn't an internal audit by the ROBS provider -- this was an official review of my specific plan by the IRS to make a determination of whether it was done legally (and therefore was safe from all future audit). 

In the event that any capital is returned to a Member,such Member's Capital Contribution shall be adjusted to reflect suchreturn.1.06 - "CapitalInterest" shall mean an Interest that would give the Member ashare of the proceeds if the Limited Liability Company's assets weresold at fair market value and then the proceeds were distributed in acomplete liquidation of the Limited Liability Company.1.07 - "Code" shallmean the Internal Revenue Code of 1986, as amended from time to timeand any successor statute or subsequent codification orrecodification of the federal income tax laws of the United States.1.08 - "Deficit AccountBalance" shall have the meaning set forth in Section 5.05.1.09 - "Distribution"shall mean any distribution pursuant to Section 5.04 by the LimitedLiability Company of cash to the Members or any Distribution in Kind.1.10 - "Distribution inKind" shall have the meaning set forth in paragraph (b) ofSection 5.04.1.11 - "Interest"shall mean, in the case of any Member at any time, such Member'sshare of the profits and losses of the Limited Liability Company atsuch time and the right of such Member to receive distributions ofLimited Liability Company assets to which such Member may be entitledas provided in this Agreement and applicable law as represented bysuch Member's Capital Interest or Profits Interest.1.12- "Limited Liability Company" shall mean TestStorage, LLC,as such Limited Liability Company may from time to time beconstituted.1.13 - "Losses"shall mean the net loss of the Limited Liability Company for a givenreporting period.1.14 - "Manager"shall mean one or more Persons designated by the Members to managethe Limited Liability Company as provided in Section 6.01.1.15 - "Member"shall mean any Person who, at the time referenced, owns an Interestin the Limited Liability Company.1.16 - "Person"shall mean an individual, a partnership, a joint venture, acorporation, a limited liability company, a trust, an estate, anunincorporated organization or any other entity or a government orany department or agency thereof.1.17 - "Profits"shall mean the net income of the Limited Liability Company for agiven reporting period.1.18 - "ProfitsInterest" shall mean an Interest other than a Capital Interestwhich entitles the holder to a share of the Limited LiabilityCompany's profits.1.19 - "SubstitutedMember" shall have the meaning set forth in paragraph (a) ofSection 7.01.1.20 - "TreasuryRegulations" shall mean the regulations of the United StatesDepartment of the Treasury pertaining to the income tax, as from timeto time in force.1.21 - "Unit" shallmean the capital units issued by the Limited Liability Company to itsMembers in exchange for Capital Contributions, which represent theMember's Interest in the Company.1.22 - "Value"shall mean, with respect to any Distribution, if cash, the amount ofsuch cash, or if not cash, the value of such Distribution calculatedto paragraph (d) if Section 5.04.ARTICLE IISTRUCTURE OF THE LIMITEDLIABILITY COMPANY2.01- Formation.The parties to this Agreement have organized aLimited Liability Companyunder the provisions of the Act by delivering Certificates ofOrganization to the Secretary of State of the State of Iowa forfiling.

@Jonathan James Look @Jeffrey Hamilton Hawaii does have unique aspects that protect its property values (international tourism, international business, the military, etc.).

They have great sign up bonuses that if you use a Chase Sapphire card to transfer to Hyatt or International airlines you can get $3500 worth of points back when you spend $6000.

More risk = Higher potential returnBelow are the typical risk-for-return classifications for a standard commercial investment:Opportunistic - Lease up vacant space / heavy renovation / change property use - +20% Internal Rate of Return (IRR)Value Add - Some lease-up risk, short-term leasing risk, some renovation, Increase rents - +15% IRR.Core Plus - 5-year + lease term with under-market rents, increase rents to market, minimal to no reno - 12 - 15% IRR.Core - New building with strong tenant on a long-term lease - 8 - 12% IRR.Timelines for these will vary as well.

I have 2 mini splits each with 3 internal units getting installed on 1150’ units now.  

Here is my real estate track record: I have a cash flowing SF rental property( 35% c.o.c. return and built in an additional 12.5% in equity from rehab), I am currently in the process of a $500,000+ house hack rental in Madison, I am currently under contract on my first wholesale in which I have a turnkey property for for 40% below market value, I interned for a commercial real estate development company in Summer 2022, and lastly I have an internship for a commercial real estate brokerage in Chicago for my summer of 2023.I already have my sophomore year summer lined up in Chicago and wanted to reach out to get advice from some industry professionals / seasoned investors.

I use those miles when prices spike and it makes sense to use miles for a trip.. or in the past I only used the miles for international business class which is a great use for those miles and paid for first class tickets on all business trips.. keep in mind you get a ton of perks with first class tickets no charge on luggage no change fee no cancel fee special check in line plus special line for TSA if your not TSA pre check which we always are anyway.. sometimes a discount to the lounges which again are critical for the frequent flyers enjoyment and experience. 

Rental income is taxed as ordinary income according to your Internal Revenue Service (IRS) tax bracket. 2.