In that case, it seems like you have a pretty solid plan in place.

@Mary JayAs @Ashish Acharya noted, the default federal income tax classification of a SMLLC is a disregarded entity, which means it is dissolved into the owner for federal income tax reporting purposes and does not file a separate federal return."

After you get 50 units you can buy one for other reasons if u want but wait till you are solidly situated.

As a matter of fact, I’m thinking about lowering the cash on hand, as most of my properties are sitting pretty solid for capex needs.

@Greg DickersonI have a solid understanding and system already inplace for financing, as well as the locations I would like to develop in, and the types of properties I would like to develop.

That’s a pretty solid interest rate, in general.

The trades are always looking for workers and have strong pay with solid growth opportunities.

Regardless, setting up a solid team (Realtor, Property Manager, and General Contractor) is a must when OOS investing.

Most VRBO and AirBnb listings are booked solid through May currently.https://www.whattodoinmtdora.com/The city and residents and visitors love the old historic vibe and do not want large hotels there.

That will come with experience but based on my own research and from what others have told me, my numbers are solid.