Others have posted that their underwriting criteria is so strict and fees so high that its very tough to get a loan that will work and these folks just give up and end up with 3k worth of educational material and NO 100% loan.the reality is right now its never been easier to get a HML  80 to 90% financing and 100% of renovations..

So, a fancy pool with really nice hardscape might cost $40k to put in but only be worth $20k in added value to the property.

Its pushing your boundaries and stepping out of your comfort zone.I once heard the quote "Nothing in life worth having is easy, that includes happiness."

There's nothing wrong with it, but folks playing on social media realized you can purchase a ton of property using other people's money and you get a piece of the profit for putting it together.I've always viewed syndication like a hedge fund, except for real estate.

Is it even worth considering moving them into the LLC since i will be managing the properties myself?...

The house is worth about $230,000.

So, we make sure to get an ocean view/beach front STR.

So, technically I do not believe we are saturated “overall” in the Smokys but we have gone back to 2019 numbers, where a basic old style cabin 2 bedroom with a slight view does 40-60k per year gross.  

I don't think LLCs are worth it when you first get started unless you already have major assets.

@Jay Hinrichs Thanks for your thoughts and view.