The restrictions can be pretty brutal. 

Others who focus on CoC (I focus on IRR and EMx) will probably comment as well, but most "good" CoC returns are in the 6%-10% range.Out of curiosity, did you buy the property for $75k and is the ARV $130k? 

My gut says you probably want/need separate policies for the different entities at the very least - the purpose of having them is to keep things separate in case of a lawsuit, so combining insurance would pierce the veil and allow someone to come after everything. 

Nice job acquiring the first deal.

Pass-through utilities are those that get billed to the landlord, and we pass the charge on to the tenant.UTILITIES.

On the other hand, they will manage investor's unit as part of an 'apartment complex' (https://www.zillow.com/b/6734-summer-fest-drive-109-110-san-...).

He's a partner in an STR management company and is very active in that sector right now in the Charleston area. 

I have done 1 year and 3 year terms over the years with them.

There is a Vermont STR Facebook group that I follow to keep an eye on where Vermont is headed with STR.

But man, once he got that first deal under his belt, he couldn’t believe how much easier things clicked from there.