Maybe in 5 years the location is more desirable and gets more attention as a STR.

Every location is going to be different. 

Thank you banks will not come to collect, but transferring from personal to LLC typical is a false sense of security from liability as in most instances it is not done properly.

TT helps, but I always end up making a lot of adjustments and corrections as TT is far from fool-proof when you have rentals and private placement securities (syndications).

Location always matters!

Hey guys, im located in Phx,az and would like to invest on my first property here, I would like to know what are my options, I am self employed and bring in about $4k a month (mostly cash )no paper work to trace my earnings (im in the car selling business)  , experian score 630  1 delinquent acct but it was paid off many years ago, Ideally i would like to put down $10k to $15k tops, what interest rate do you all think im looking at.

I lucked out on my first house which has turned out to be a great AirBnB side hustle and in 2022 I was fortunate enough to secure a second property has a house hack (which I've implemented as a furnished mid-term rent by the room).

No one has ever complained and virtually everyone signs it.I suspect it matters where the str is located which is why speaking to a local attorney can probably help navigate risk management vs being too general or overly cautious.

Are they good comps base on location and time of sale?

I agree it would depend on your location and target audience.