I've done this with my properties because I'm well known in my small town and don't want people to know what I own.LEGAL PROTECTION: By placing your assets in an LLC, you are legally separating them from your personal assets.

It has been really educational for me because we have people from all over the US with all types of experience to learn from.

New posters often do not understand the purpose, procedures, and people on BP forums.  

There are people who have an entire business helping you set up and design a STR relatively quickly (3-7 days) depending on size of home and complexity but you are going to be paying a bit of a premium but you do save on the headache.

I have often seen many people love the idea of building, but once they figure out the cost, those ideas change.For reference, here in Chicago, you can expect new builds to be between $200-$275/SF depending on MANY factors...that's just a very rough ballpark!

Looking to invest specifically in luxury beach rentals, so would love to connect with other people in that space (agents, lenders, etc). 

People are always asking about which is better Cash Flow or Appreciation as NOI as an investment model. 

Thank you everyone.WIiling to share more details if people are interested! 

Falling out of compliance can lead to penalties, lawsuits, and even damage to your reputation as a landlord.

There are a lot of really good people in the Memphis real estate community, and plenty of people will help.