Honestly, I've been getting screwed with some big ticket issues (related to HOAs, selling different properties, continual unforeseen maintenance and costs) and this one really crushed me once I realized it was an actual issue.

This raises the cost of using an STR versus using a hotel. 

All told, the GP is making $337,500 just to arrange the deal (not including their reimbursement of any out of pocket costs they have already covered: due diligence costs, broker costs if they are paying anyone to bring them deals, legal setup costs, etc).  

Cost of the website was $65,000.  

The housing authority also has to approve the monthly rent for the area, this can be constricting if you are leading on comparable market rents when looking to increase rents on renewal.

Whether you're flipping houses, managing rentals, or simply looking to increase your home's market value, a stunning kitchen remodel can make a significant difference.

I mean a deal will cost you 150k in capital, maybe more. 

The appraisal came in at $120k where the purchase price was $78k and $22k reno cost for all-in of $100k.

How should I set up my business structure so that income from my rentals doesn’t increase my personal income reported to the IRS?

Hi Sam,Given your goal of increasing the rental rate to $1,400-$1,500 per month, I would suggest investing in new cabinets and toilets.