What's the ARV? 

It’s my first time, my other unit just rented through Airbnb.

@Jonathan Greene Thanks for the recommendation!

Next year is all VRBO so far.I got a single direct booking this year.

Without the ability to obtain a loan / financing - the next steps will be harder to accomplish

Hello all, I'm curious how much the HUD will actually pay compared to the 40th percentile rents posted on their site.I'm aware of the different amounts each tenant will cover in terms of their portion of the rent, but I'm not sure if the HUD will actually agree to my rent price.I've been taking the stated FMR for the bedroom count, and taking 20% off the number stated (to be conservative as to what the HUD will accept). 

He sold the motel building and was left with a property yielding him a 18% annual return over the next 8 years. 

It is usually first through a general auction and if it doesn't sell there, then it goes to the MLS.Keep in mind bank owned properties aren't always the best deals.

A compromise would be to put half the properties in one LLC and the others in another LLC.

It’s a great time to buy during the low season to get launched, stabilized and get your tax write offs now (60% bonus depreciation this year vs 40% next year).