Bob BurnsIMO almost every guru approach to real estate success is flawed because it teaches that one method/strategy will be successful in every market in all economic climates.  

Long story short, we have been renting it out and have been told that we would be safer if it were in an LLC but we do not want to refi and lose the rate we are at.

The value is continuing to increase on Hilton Head, but with buyers sitting more on the sidelines with interest rates, deals are being done in this market that can only be done right now.

While the system is great, my response rate is terrible.

It's currently listed for $/acre rate that's below several recent sales in the area, and is zoned accordingly (MH).

If all else fails you could add on a co-host but something tells me you'll be wildly successful doing this on your own. 

In fact, a handful of our most successful real estate investor clients got their start working as an employee or contractor for a property management company. 

Property Details: SFH 6 beds 2 Bath 2016 sqft - Rented by the room.Purchase: 340,000Amount Financed: 272,000Down Payment: 20% (68,000)Purchase Costs: 12,777Loan Type: 30 yearInterest Rate: 8.75%Rents: 3,300**********************Investment Returns - Year 1Cap Rate (purchase) 8%Cap Rate (Market Value) 7.1%COC 1.8%Return on Equity 1.3%Return on Investment 25.1%Internal Rate of Return 25.1%

Once you vacate your old primary and covert it as an investment, then you can cont. buying your next property as a primary residence with low down payment and lower rates than investment property.

Once that term is up you have to renew at the current rate.