My quick math is if I'm collecting $75 more per booking at a conservative 40 bookings per year that's $3000 in extra revenue. 

No extra money spent on a guru course.

Examine the projected rental income against the expense of converting the garage and possibly extra rooms.

I see why many of us on BP want to keep admin work to a minimum and reduce the necessity of extra entities and extra bank accounts, but these are things that the big players do. 

I'm not afraid to buy, in fact I hate money sitting in the bank doing nothing for me.

This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Any lawsuits should be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced, some debate as to SMLLC).

Purchased for 355k, and budgeted 20k/unit Reno and some extra for other Capex.

@Jennifer Patton,Have you thought about buying a quadplex?

I am a broker helping people buy.

We'd love to buy low and add value, but if the numbers seem to work on a turnkey property, is there a reason not to go that route?