@Rick ImIf you are putting in $180k cash you should easily be able to get a $110k loan for the property through a hard money lender to complete the work then refinance into a long term loan.

I know sec 8  always on the short here in CA because people don’t like to rent to Section 8.  

Although from lenders perspective if you have done handful of successful rehabs, you should already have a pretty good understanding of the process, and can have an easier time to obtain a construction loan.Also Development (building multiple houses at the same time) will require additional skillset vs one house at a time.   

This strategic upgrade led to a successful sale for $259,000 on 9/30/2022.

The terms are not as attractive on a mixed use loan compared to a 1-4 unit residential loan.

The work here is minimal, but it does require someone to be available 24/7.Has anyone been able to successfully outsource this part of STR management?

I would probably borrow a little more than $100-$150k if I could to keep more reserves.All I can do is mention my favorite fellow long-term operator and handyman in P-burgh @Jim K..

Anyone able to have success with this?

Keeping each LLC’s financials distinct helps prevent this risk.Insurance: Having adequate insurance coverage for each property and ensuring it aligns with the LLC structure can also be a vital component of risk management.Legal Counsel: Regularly consult with your real estate attorney to ensure your structure and practices align with your protective strategy.In conclusion, while running everything through your holding company might simplify bookkeeping initially, consider long-term implications and ensure you are safeguarding each property and your overall investment effectively.

@Sam Issa, I have had success just watching stale listings on the MLS.