Outside of real estate, I have lots of experience building and managing teams and businesses.

My rentals - QBOMy bookkeeping business - QBOAs a bookkeeper myself, I prefer to have everything on the same platform.

I pay them all by check and all have legit full time business.....no "side work" guys.  

(Just park repair trucks there.)Some kind of delivery only business. 

One thing you might also consider when choosing a place to invest out of state is; After you have property there you can visit the area for business and a have tax write off.

Choosing the right action, and being consistent with it. 67% of our business is helping investors, and 6 out of 8 of my agents are investors themselves. 

Our urban bungalows average stay length is over a week as we host a lot of business travelers on extended stays, so likely more important.  

Hello - I'm looking to start my short term rental business and am considering buying a property in Ocean City MD.

I’ve heard it is bad practice to personally guarantee a business loan. 

And that’s too bad, because the concept can lend “clarity of purpose” for many investors.Often, we in the real estate arena, get caught up in our real estate “business”, with an emphasis on “cash flow” or “spendable” income, the professional investors equivalent to salary for the wage earner  and met income to the small business owner.