I asked if I could skip the drywall, electric, and plumbing, and windows and instead simply paint and replace floors.

I would skip the Air BnB and try  and find a long term tenant yourself VS short term high turn over tenants.If there is a stove there now it may be legal and allowed to stay there, you'll have to check.I live din a mother/Daughter in NJ for 12 years and rented out the in-law sweet which ended up paying 3/4 of my mortgage.Anyway, good luck as it sounds like a great home!

I skipped single family and went straight to multi.  

Hey all,I'm thinking of implementing a virtual assistant as we ramp up marketing in our REI business, specifically to skip trace motivated sellers and cash buyers.

Why not skip the 6% paid to Realtors, list as a For Sale by Owner and save $18,000 then?  

You might sell that assumption with a pitch, but at 95%, you'll be so far off using your sale price to establish the LTV that your investor will be put at a high risk, overstated value, small down, an unknowing private lender, you're taking on the liability of putting that deal together and it's not good.I'll skip other issues, but you can do a straight L/O for 180 days and sell under FHA.

You think they've skipped, but you're not sure.

@Josh C. skip the LLC.

So many people skip the first step. 

The company's gains and losses skip taxation at the corporate level and get reported directly on each shareholder's income tax return.