I feel like it's a space where great operators can really clean up, since the bar is set really low, in my experience at least.

But I agree, seller's best bet is to buy using a conventional loan if they can qualify. 

They usually sell for a really attractive price because investment property financing is (obviously) difficult, somewhat limiting the buyer pool to owner-operator small business owners (who in turn are typically great clients, as well).  

@Patrick Pan, if I was operating in a state where that was a concern I would just contact their current landlord for a reference.

Even really skilled operators are left with no back up plan because they can't pivot to LTR in that market, can´t fetch the price they paid because the STR has lost some steam and was bought using nightly rate numbers etc.

You can certainly own multiple assets in the same LLC, but I would be careful about operating a business and owning other real estate or investments in that LLC.

Bacon is more yummy than a Christmas tree, but I bet I'm going to have a whole lot less regulation growing Christmas trees... however, before we even get to that, it's necessary to know that the inquiry is even about bacon v Christmas trees, rather than Bacon v grapes. 

I’d love to hear more about how you approach finding these under-$2M properties and what strategies you’re implementing for operations optimization.

You second property will rip I bet.

With training, it's great.Time spent varies from Client to Client, but I'd bet they probably spend ~30min answering our questions and clarifying transactions to close out the year.