Even if I were found guilty, the cost would be in the thousands, not in the millions.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

I have already lined up a professional property manager (the STR is out-of-state) and a design team (we are upgrading every room in the house and adding a ton of amenities). 

Evictions cost about $1100 and then about a month of no rent and about 5 grand in rehab seems to be pretty standard from my experience. 

I am also a mortgage broker so we can hook you up on the lending piece.

STR hosts, what's your go-to strategy for filling up bookings during slow seasons?

@Kris Maiato, did you end up purchasing in Gilford?

We can help with ground-up construction loans for owner-occupied homes?

Purchase price: $66,000 Cash invested: $30,000 Sale price: $169,000 I grew up next door to this property.

I would recommend you speak with your tax advisor and set it up correctly from the start, whether an LLC, Trust or something else.Also consider states different laws, maybe find a state with more friendly landlord protections.