Purchase price: $385,000 Cash invested: $79,701 Waterfront short-term rental condo (3bd, 2bth)https://www.seasidevacations.rentals/rentals/sunset-bay-villa-310-nauti-girl What made you interested in investing in this type of deal?

This gives me some additional perspective on reasonable price range.

I think this could increase our cash flow to ~$1,400-$1,600 a month.What would you recommend?

@Susan Tan congratulations that’s awesome 😊 I’m new to this as well.I have a question when you said you purchased a list from a data company, would you mine to share the name of that company?

This would be $291 per month. 

This home is appraised at $250,000.

What MAY make sense is to setup a Master LLC that operates like a PMC and collects all your rents, pays all your property-related expenses, etc.The owner of each property (you, LLC, trust, IRA, ect.) would have to execute a management contract with the Master LLC, so the Master LLC could legally act on behalf of the property owner(s).Check with Account Closed read our 

This was sudden and no previous communication on listings that have hit their site previously.

Sticking to the lease in this case will only cause you more problems, not less. 

Is this something that I should pay for?