Im happy to share any info I have based on my personal expierences along with my referl network.

On the other hand, in the low season, we try to book 3+ months in advance since if you wait until the last minute, you will either book for a very low price, since all other hosts drop their prices then, or you will not book the home at all and have very low occupancy rates.There are two ways to do this on PriceLabs.

Had the tenant let you know after they got the January bill and the water company didn't work out a deal with them, I might pay 50%....but the tenant dropped the ball big time and I wouldn't reward that behaviour. 

If you have any thoughts of self-managing a growing portfolio of rentals then this could be a good opportunity to grow your knowledge-base from first hand experience.- Work with the best PM company you possibly can for the units you don't live in and compare the units of work involved in your management of the professionally managed units vs your self-managed units. 

Rates just dropped Monday after a bad 2 weeks so its a good time to pull the trigger.Multifamily rentals pay off in the loan run so its never a bad investment on a cash flowing property that will debt service itself and grow in equity. 

A 1031 exchange can be a good option because although there is no cash involved in the deal, you would still recognize a gain based on the fair market value of the properties being received over the basis of the property you're giving up (if it's a gain).

Your loan amount will be based on the lower of the purchase price and appraised value. 

The water is not deep but it's a 5 foot drop down to it.

Running your numbers based off a short term rental or medium term rental rate is going to get you in trouble.

So lets say the property is valued at 200,000 could a brand new LLC borrow 150,000 to 160,000 to purchase an investment property where the rent would be 1400 to 1500/month.Or since I own the LLC is it strictly based on my ability to get financed?