I get where you're coming from with the concern about the new casino's impact on short-term rentals (STR).

New to Bigger Pockets.

We do cross-collateralization with a 1st lien on the new property and a 2nd on a rental to cover more of the purchase price and possibly some of the rehab to allow for a BRRRR scenario.

And if get real lucky, new siding, windows, garage doors to boot.

My worry is that since this is a brand new LLC that will take ownership of the property, it could cause a problem since there's no history with the LLC?

Hey Jacob,I’m relatively new to purchasing for the purpose of investing but have had an STR before that I sold regrettably.

They said it's because I did not follow the rules for marinating operation and deposits accounts at the bank.

Also language in there that if you have a new realtor that 90 days is not valid.Follow your contracts is what I would say.

I was actually in TX this past weekend and mostly focussed on the Buda, Kyle, San Marcos and New Braunfels areas.

I plan to remove two existing houses and build ~3 new ones.If anyone here had similar projects in Bellevue, I’d love to connect and learn from you.