Evaluating deals on this site will help you understand expenses, income, and financial statement.

For a simple/budget-friendly option, Google sheets/Excel can actually be a great starting point.8.

The process is easy:1) You’ll receive a disarmingly simple one-inch-thick three-ring binder containing your plan documents.

BP has a book on Partnerships written by Ashley Kehr and Tony Robinson.On the technical side I would suggest partnering on a single flip which can be done with a simple JV agreement before jumping into creating an entity and crafting very good operating agreements.

Keep it simple, paint and carpet, buy a good house in a quality area.

Tools like QuickBooks or even a simple spreadsheet can help you mentain compliance and prepare for audits.Reinvest WiselyScaling a short-term rental business often requires reinvestment in marketing, property upgrades, or even hiring help.

Additionally, properties with high monthly costs struggle to compete with fee-simple homes, affecting resale value.

I feel like that sounds simple but in reality would hold up the leasing process for tenants that are not proactive. 

To help support that avatar, try and have on-site parking and ideally a place where a large work truck can be parked without issue (think fully decked out F-350). 

A simple example I have used before illustrates this point.