However, living in an HOA-governed community comes with its set of rules and regulations, which, if not followed, can lead to fines and charges.

After following several forums, I've learned that the recommended approach is to set up the entity as follows: C-Corp -> Family Limited Partnership -> LLC.

I need to know what to do to set us up for success and get launched once we close in 30 days.Also wondering how best to maintain the past guests who have stayed at the cabin (there are tons of nearly 5 star reviews, that I doubt I can transfer to us- or can we?)

If that is what the appraiser sees when they walk in, they will very likely make larger adjustments on the comps to arrive at your final value.

It's generally a good idea to make sure the subject property could rent out as either STR or LTR and still be profitable.That being said, after you do your homework about regulations and the projected performance as an STR, you can determine if your property is set up to compete against the higher performing comps in your sub-market.LTRs are a lot less effort, but STRs, if done right, will not get worn out as quickly as an LTR.

Embarking on a work holiday, and my sights are set on Destin.

I am looking at different models for paying an inside sale agent (appointment setter) and so far I am considering:$14/hour$100 bonus for 5 or more appointments set in 1 week$20 per appointment after 5 in 1 week$100 bonus for every listing transaction that closesOn average, this person should make about $16.85/hour or $2,360/month if they hit the bonuses at the rate I am forecasting. (2 $100 appointment bonuses + 2 listings sold bonuses each month)I am curious if anyone is having success with a model similar to this.

Our goal is to have her keep the call going as long as she can and set the viewing appointment.

Fortunately, since that time I’ve been able to acquire 6 rental properties as well as paying off my personal home 🙏🏽As we continue to grow in this crazy real estate world, goals are set and questions come up.

Both options necessitate careful legal and financial planning due to their complexities.Renting out the property at a market rate of about $3,500 per month offers a different set of financial benefits.