I pull out most of the surplus cash from the operating account and put it in an account owned by the same company but in Bank Y.

I was wondering if anyone in Georgia has worked with a good agent that has extensive knowledge of the investment market for short term rentals. 

I'm assuming I broke a mirror or walked past a black cat or something and just screwed my own luck somehow.

Hey @Max Kulishov, it's not a bad idea - I've done remodels on almost every place I've lived in, and the cool thing is you get to enjoy the renovations, you might have to do some minor repairs prior to moving out but nothing like doing a huge remodel + you can slowly renovate at your own pace rather than having to invest large amounts of money at once. 

I own some rentals in Cleveland and Milwaukee and I am a couple of weeks from closing on another multi family in Wisconsin.

It seems like Panama went through its own bubble where prices just skyrocketed due to an unwarranted level of demand and eventually it did/is coming back down to reality.

Now, of course, there are no secret IRA agents watching you to see if you go change that light switch or toilet flapper yourself, so take that for what it's worth.

If the person was a licensed real estate agent, there could be recourse against them.

I’m looking at this as a first rental investment outside of my primary home which we own.

Those assumptions may not happen on this deal all on its own, BUT if they are reasonable assumptions over the course of many deals those assumptions should bear out.5.