My name is Dan Stone and I'm an artist working in Glendale on kids shows.I've spent the last two years educating myself in financial literacy, having dabbled with currency trading, micro investing and finally realizing that I'd rather not gamble for tens of dollars but actually learn how to use my money in a way that can see real gains.The last six months taught me just how -not very promising- a lot of financial products actually are.

There is also one RV Park in Hwy 6 near 288 so there are few popping up here and there but land values have gone up in those areas now.

If you cant sell those homes fast enough and get revenue coming in before your curtailment is due ( say 20 homes at 25k a pop = $500k annualized ) you would be looking at a large curtailment on a 30/60/90/120 day flooring plan. the other issue is lets say you can get tenant buyers in there and sell those home on contract, if the price for the area is depressed or you cant get anyone to afford what you would need to break even in a new or newer home in your area for a rental then your in trouble.

Hey Kurt congrats on your joining BP and your new property.. dont take this the wrong way, part of your buying strategy should incorporate your plan for how you want to rent albeit corporate, short term, dorm, standard etc. so you would have lined up your prospects before your property was even ready. but its a learning process, so the next step for you would be to identify your local walk score and what companies would even fit corporate housing, then promote your rental as standard rental but also Corporate housing as a keyword so when people search it should pop up. there are some other online resources you could use but if you're struggling interview a few local property management companies and see what they sayhope this helps!

The Series LLC is an entity that I have seen work effectively and efficiently for investors with many more properties than you are working with, but with how many options exist I can see where the differing opinions pop up.

I think we also know a lot of the same people in KC since I keep hearing your name pop up!

I'm not directly in the metro area of LA so a few things keep popping up on my radar.

Google multifamily or apartment management associations and they pop up.

@Ray Johnson Im surprised to see Frederick so high....but it might be a reaction to stagnated rent growth for a few years, so it might have popped at once.But yeah, Rent Growth has become my favorite metric.

A lot of cost seg firms have popped up over the last 5 years and you need to ask yourself if I am audited 5-10 years down the line, will they still be around to defend me?