Was it for a place to live for work before they found a permanent location or was it used for someone wanting to stay in the area as a 2nd home for the winter months?

This setup ensures every project stays on schedule and within budget, which is huge in a market where timing is everything.3.

Staying informed about local policies is critical.Opportunities to LeverageLess Competition: Many investors are sitting on the sidelines right now due to fear or uncertainty.

Sad that NY isn't taking advantage of expensive hotels to get most of the US traffick to stay on US side and just do a day visit to Canada side and come back.I don't know why small towns change their STR rules and make restrictions.

Can I personally take that extra finance money tax free into my own name or personal bank account to do with what I please, or does the refinance money have to stay in that Llc company and I cant use it personally.

I have stayed at Airbnb's in Rome and Naples, and there are Airbnbs of course, but you really need to speak and learn the system.

To me the value in diversification is that it helps nudge you to look for other opportunities and revenue streams where you might otherwise just be content to stay in your lane and then you'd never find anything new. 

If you are going to get your license in Virginia I would plan to stay there for a decent bit(5+ years).

Now, if you've already set up LLCs per property, then yes, have at least 1 checking account per LLC.For people who own their properties personally, keep personal accounts that are exclusive to RE activities so all of that activity stays separate from other personal transactions.

You can then "gift" them the alcohol for staying with you.