Many members are experts in their respective fields related to real estate investing, whether that is real estate brokerage, wholesaling, flipping, buy and hold, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.There are some pretty cool discounts on various products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/proThere are a few self-contained guides that you can access here: https://www.biggerpockets.com/guides

Run the numbers through the calculator and see where the break even points are and don't forget debt service.

I particularly thought this was a good read:In Superstar Cities, the Rich Get Richer, and They Get Amazon - New York and Washington are leaving the rest of the country behind.

The rest of the purposes: to limit liability, keep the property separate from myself and personal dealings (e.g., transfer the LLC shares to a Trust at a later stage to avoid probate), and any other advantage that may come up down the road.Then the other LLC would be with my wife, so we can operate it as a business - tax advantages to using pre-tax dollars to purchase consumables used to operate the AirBnB, and then for her to derive an income at the end of each month.

They'll have a lot more flexibility and provide better customer service.

Hi,Looking for recommendations for investor friendly Title companies that service the Greater Tampa area?

I offer pre-acquisition services as well.

There are lenders in Oregon and Washington that will provide funds to bid.you must deposit 20% of the bid amount with them.. so lets say opening bid is 200k you need 40k.they put up the rest.. then they take a security interest in your trustees receipt and put their name on it to protect them.then once the trustee's deed comes they roll it into a normal HML.. with Deed of trust and note.they will also provide the lists and do the bidding for you.. their is a fee for each ala carte component.. so there has to be significant meat in the deal to make this work for the investor.. its a flippin money machine for the lender though. 

No other major hurdles other than some weeks it's definitely a side job, getting new guests in, providing great customer service, cleaning/fixing the property.

I use QB and also their payment service to accept ACH payment from all of my tenants.