The main thing usually POC (Paid Outside of Close) is the appraisal.

The pros to an LLC is protection of personal assets outside of the LLC. 

The one minor issue I had is they insisted on a "drive by" appraisal where someone just looks at it from the outside, and that came back with a lower valuation than I thought... but you can request a real appraisal after that if you're sure the value is higher.

Location of property: 30 minutes outside Asheville in a great short-term rental area with growing demand.Purpose of financing: Purchase OR purchase/reno/constructionType of financing sought: Open to all reasonable solutions.  

Purchase price: $25,000 Cash invested: $25,000 A quarter of an acre near Lake Travis wanted to do a multibedroom Airbnb/long-term rental since it's right outside of Austin and an area that's blowing up with rentals in the Texas Hill Country.

Most likely outside of Austin in Pflugerville or SE Austin.

Was your first investment a house hack or an outside investment?

If you are slow in winter, rehab a house hands-on in winter or if you can find a house where the carrying costs are REALLY low, keep a project ready for when bad weather keeps you from working on paying jobs outside and you need an inside job to stay busy. 

@Nathan G. there are actually many people who fall outside of stim funds, unemployment etc. 

But trying to think outside the box to see what would be my best option for my investment.