Start small with a tiny multifamily property.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

Usually when there's behavior like this, from VRBO or other companies, there's a stretch and they have already knocked on the door of consolidation via acquisition(say booking or airbnb).

The subject property you listed is in a solid location, its close to both Short and Long Sands Beach (two beaches in the area). 

An LLC is useful for two things: anonymity and legal protection.

Thank you Greg, Is just a two family property.

It's killing two birds with one stone with low barriers to entry. 

Just interested in seeing how other investors are viewing rent increases going forward.We're mainly buying in DFW and projecting 0% growth for the next year, 1% growth for the two years after that, and 2% yearly growth after that.

Think of it this way - you have two communities with 1 bed 1 bath 900 sf units.One has a HOA fee of $350 and another identical is $650 - which units will have higher valuations? 

Hi @Sang JiGenerally there are two options 1.