Curious what your time from acquisition to disposition was on this flip?

I plan on seeing how these two go, and if all goes well, then yes -- would consider more STR acquisitions in the near future.

Once you have analyzed 100 deals, you're going to start to intuitively understand which ones are good and which ones are not even before you hit the final button to analyze the deal.

Finally, my advice is don't buy a condo when there are so many nice cabins in that area.

A final caveat, some commercial lenders aren't too keen on M2M leases, and there may be documentation in your loan docs regarding this.

I would still have taken it down, but I would have had better expectations with the final result had I been closer to the final budget.

Finally, getting a judgement on an LLC is a hollow victory. 

You want to make sure the #s make sense from day 1 so that if the property appreciates its just an added bonus and if it depreciates, you're still good with the #s you originally had at acquisition.2.

I am looking to inject (contribute) some money into one of my LLC to finance some new acquisition this year.I am refinancing my home (that is under my own name) and will use the cash out as contribution into the LLC.It is my understanding that while you can't deduct new mortgage or refi anymore on your personal home, you can still deduct all its costs when it is used for investment (by deducting from the investment income/gain).What would be the proper way to document this transaction in addition to the schedule recording the contribution in the LLC book?

It was renewed every year & after 12 years he finally exercised it & paid it off.