As things unraveled I learned that he was not in fact a GC at all and was using someone else's contractor number to file for the permit and such. 

If you can bump that up to two years, vacancy halves all the way down to 7.7% (2 divided by 26).

When you're analyzing a short-term rental (STR) deal with seasonal fluctuations, it’s all about averaging out the highs and lows.

Hello All,Experienced Agent in Los Angeles.

congrats @Chris KaylaSomething I would recommend for you is this website. https://www.areavibes.com/I use this for all of my out of state and in state investors.

My partners and I own an LLC made up of all 3 of our SDIRAs and another made up of our SOLO401Ks (great if you qualify).

Keep it in your name, get insurance, and most of all, be a good landlord.

If there are excess losses, Citizens can surcharge all policyholders to help pay for the claims.If you have a long term rental, it is a viable and affordable option, but it should never be construed as the best option. 

-The properties are all in Arizona, and I am the capital partner while he is the operations partner.

Then after doing that for a while, I raised the fee to $10,000 with the ability to earn back $5000 of the coaching program if they completed all of the homework assignments.Coaching real estate has just been a side gig that I’ve done for the last couple of years and I’ve had anywhere between one and five coaching students at a time, but I’ve helped over a dozen people increase the net worth substantially during the year that I coached themSo here’s the question: One of my mentors recently shared with me that I am selling myself short as a coach and that in addition to charging the upfront fee, I should also write into the coaching agreement that I get an equity steak in the deals that I help my coaching students get during the year that I coach them.