. - Strict local regulations can also sometimes increase compliance-related maintenance costsCost-saving strategies I've seen help:- Preventative maintenance programs can help reduce overall costs obviously - Some investors report success with in-house maintenance teams for larger portfolios- Energy-efficient upgrades can help reduce utility costs in the long runYour specific costs will depend on factors like the age and condition of your properties, your management style, and the specific neighborhoods you're invested in, but hope this helps!

And make sure you check with the Local municipality to make sure they will allow a STR (and continue to allow it :-).....

I value the role of having a solid network, which I've established in the Kansas City architecture realm, and am excited about getting to know you all in the real estate business in the KC Metro area! 

I would set up an entity that buys the property, you'll put the capital into the business and find an equity split that works for you.

I mostly get nurses due to my local.

Also, most decent STR property managers will be happy to offer projections for properties, or even realtors who do a lot of STR business as well. 

Bill" and being able to seek local private health care when further than 30 minutes from a VA offered healthcare facilities.

Another option would be to partner with a local vendor - we did that a lot and would make 10% commission. 

Nothing to ad, I have been investing for 15 years, I am on the board of our local REIA and I have never heard of anyone saved by an LLC.

The interest rates are too high to support this unless one of those local markets has a little extra inventory.