Hey @Joe Ferguson, Do you have any experience in development?

Like you said, put the proper protections in place but know that you can still lose your money - unless you are in first position.

I see you're also here in Miami.

Most of my zombie properties are located in "C" class neighborhoods in Dayton OH.

Hi everyone,I’m exploring the idea of purchasing a property in Big Bear Lake, CA to use as a short-term rental (Airbnb), and I’d love to hear from anyone with experience in the area.

That just does not happen.. and again I think i mentioned that I have never seen that sure name in title in Escrow in all my 50 years of doing this its just not a business they are in.. 

We've taken over from several other property managers, and the bar is pretty low in my opinion.

Rates can be a bit higher in the 8-9% range.

@Michael Clark, we are in the same market so I'll hit your inbox and maybe we can talk offline, but I'll make some comments here for everyone as well. 1.

I have had several Colorado LLCs (single member LLCS with one single family residential rental per LLC, so very small-time) for a decade, and always file my periodic report so am in good standing with the Colorado Secretary of State, but have only just heard that I need to file a BOI report before the end of the year.