I think you will see in the relative short term increased rents in Crystal City, Pentagon City, Potomac Yard, Columbia Pike and maybe a few other close by neighborhoods.

Attorney (maybe)4.Accountant (maybe)This is a short list of people.

@David Goings I am a fairly new investor but i plan on using the LOC for a down payment on another buy and hold rental investment at some point in the short future.

@Christopher Short, I've used Fund That Flip and DoHardMoney before.

@Dave Foster will be along shortly to explain everything for us.

Long story short, we needed to raise $12M in about 60 days, with $1M going hard at day 60.

Having those other documents bolster the fact that your LLC is in fact a business rather than just the 2 short forms on file with the state.

. $10,000, but cuts the premiums from $1200 annually to $300, it may well be worth it to go cheap on insurance and make up the difference in CapEx.

If you're operating a short term rental that focuses on <30 day stays, you should consider a Schedule C business.The 2018 Schedule E tax forms has a box for Short Term Rentals but I'm not clear what they have in mind.

Are you looking for Passive Income from a rental or short term equity from a fixer upper?