I'd like to compile a resource of strategies on self-managing STR's to maximize profits.

We try to squeeze the most out of every dollar so we can have Bigger Pockets at the end of each project.

Welcome to Bigger Pockets!

@Kyle KovachikWelcome to bigger pockets.

@Brenna HarwellWelcome to Bigger Pockets.

@Tyler WadeWelcome to Bigger Pockets.

May be it's time to see the bigger picture!

Hey Bigger Pockets community, my name is Kevin and I am a new investor in Central New Jersey.  

Welcome to Biggerpockets @Raj Gott The BP Free Course here would be a good starting resource for newbies https://www.biggerpockets.com/courses/a-beginners-introduction-to-real-estate-investing

In my opinion, yes, it can be done, but you're looking into a bigger mess as far as the government is concerned.Lets preface this with I don't know exactly how this works either, but after a certain amount of people are involved you have to report as a Real Estate Investment Trust (REIT) and have to file extra forms related to your business and also after a certain threshold you also need to report members and their distributions to the Securities Exchange Commission (SEC) so they know as well.Being young (as am I) you are going to run into a lot of dead ends trying to apply for a residential loan with a business name.