But a lot of other folks are fine doing them as long as they are strictly arms length. 

thanksRyan  @Ryan RuppertShopify is a great platform for e-commerce, but it might not be the best fit for managing STRs in the long term.

Also, stay away from Insula Capital AKA Atlantic Capital Holdings out of New York (Long Island) I didn't lose $200,000 but lost $10,000 plus on a deal they gave us a funding letter for $300,000 cash for a flip we were purchasing.

@Francisco Milan how long have you been using listing signs or approx. how many listings have you had? 

I'll be looking for long term rentals that don't need any major repairs initially. 

Purchase price: $65,000 Cash invested: $11,000 Our first investment has been a long time coming.

We are entering the prime buying season - find other local investors and get their interest.With that said, there are a couple things that are unclear from your post. - The as is appraisal was for 275K,yet you are now expecting that it would be a reach to sell for 220K.

@Gregg HuttonIf I were starting over with limited resources, house hacking or the BRRRR strategy would likely be the best focus for long-term growth and cash flow.

My name is Dima, I was in tech for a long time and got into real estate and business investing in late 2023. 

It's been a while but I've read David Green's BRRR and Long Distance books.I'm interested in small single-family BRRR investments.