My clients happen to be transitioning from STR owner/operators to food industry franchise owner/operators.

Organized my team (cleaners, handymen, pool maintenance, landscapers, etc)And after all of that, I have officially onboarded my first client, and just hosted my first guest!

I am going to keep the LLC regardless because it helps me to stay more organized in terms of bookkeeping, having separate accounts for business expenses etcI am sorry if my explanation is confusing, its all clear as mudThank you to all who take time to respond

Eric Bilderback thank you for the food for thought!  

I'm sure I'm missing stuff here but there's some food for thought.Thank you for your reply > The principal can always be withdrawn tax-freeI think that's where I lose you and the liquidity concern.

They can also file federal racketeering charges under RICO (the Racketeer Influenced and Corrupt Organizations Act), especially in cases involving large-scale mortgage fraud schemes.(18 U.S.C. §§ 1014, 1341, 1343, 1349 (2024).)Loan application fraud statutes carry up to 30 years of prison time and $1,000,000 in fines.

He rents a high end house for 12k a month or something like that.just food for thought.

Regarding fire prevention, luckily, we're members of the local community organization that provides a Firewise assessment to members.

Maybe it can help me improve my analysis Sure, off that same premise you can just not do all this analysis and go see where Chick Fil A and Whole Foods post up.

I figure never sell the cow when you can get the milk for free)...especially if that cow is producing organic cash flow ;-)I'm going to guess your rents average around $2,200 to $2,400, maybe a little over $1.00/SF, is that in the ballpark?