Having said that, this house will function as a second home for us when we can get away and not a STR 365 days a year (at least immediately).

Prices and rents are going up so fast its making BRRRR not that difficult, especially if you are open to buy small multi fam and combine strategies like STR and Co Living you can absolutely crush it right now. 

All of the reports are driven per property, so if you want to get an operating statement (to see portfolio cash flow) you have to manually combine all 60 reports.

Operating agreements function as a legal contract between or among members of a multi member LLC, though even single-member LLCs can benefit from one, too.Joint Venture Agreement: In its simplest form, this will outline what is expected from each party throughout the duration of the partnership.

The current system is 16 years old and is still functioning, I am just looking to get it replaced as it's not the most efficient (turns on and off often) and two of the companies mentioned it's too powerful of a system for my place (100 BTU vs about 80 that is needed).

I hadn't heard much about a HELOAN but it sounds like I could pull the money out, the combined interest rate between the two loans would be lower and it would still be fixed for 30 years. 

Architects are typically really good at understanding design, functionality, maximizing spaces (design), building codes, etc.

I used Figure Lending - it's a combination of an equity loan and a HELOC, fixed 30 year payments but I can re-draw more money in the future (at current higher interest rates) as I pay it down.

Goals for this deal:- secure precisely 3 units within 1 mile of Rillito Bike Path @ Dodge Blvd: easy to access all major Tucson road cycling routes- property layout functional for STR: adequate parking, separate backyard spaces, etc- walking distance to Brandi Fenton Dog Park & Tucson Hop Shop (best bar in Tucson)- pay house cleaner & landscaper to periodically clean primary residence out of AirBnB income (still working towards that!)

Because in order to fully underwrite, you need to know each piece of the stabilization journey.What may look like a single skillset to some in “underwriting” is actually various topics combined.