Check if they’re investor-friendly and familiar with STRs or rental properties.

Some of them are in an LLC, managed by a property manager.

Purchase price: $179,000 Cash invested: $15,000 Lived in the property for 1 year.Knocked down living room wall, replaced Hvac, floors and gutted and remodeled the kitchen, attic insulation, converted the living room and the dining area into rooms.

Its a 2-unit property on Airbnb. 

The goal is to BRRRR 1-2 more properties with creative financing by December 2025, 15 months with little to no out of pocket.

Short term rental manager aka co-hosting fees are usually 20-30%, mid-term 17-25%, and long term property management fees are 8-10%. 

Investors are a little bit like white blood cells in a city - they clean up the properties nobody wants or is able to take on.

If wholesaling is legal in WI without a license why is it illegal to have a property under contract without the intention of actually buying the property yourself?

There are lots of experienced property owners, lenders, real estate agents, attorneys, tax experts and more here so don't be shy to ask questions and I'm sure an expert in that field will be able to help.

My question: In the original lease it states to make payments via check or money order to the Property management office.