Most professionals will recommend a separate LLC for every $1 million in assets but I don't think that's necessary.

As soon as the announcement came, land started being listed for several millions when previously the same parcel would have been in the 100ks.

We have 37 units (25 properties), and have over $1 million in up front cash invested in those - and that was with rentals purchased between 2018-2021 - when both real estate and mortgage rates were cheap relative to today's prices.  

Branson MO is a popular choice for an STR market with lower price points and consistently draws over 9 million visitors annually...Feel free to message me privately to connect and learn more about the market here!

@Jim Stoffey  some of my bigger Clients I have well over 2 million out to at anyone time.. try to walk into your private lender and get those type of funds.. along with your HML..  

If you have $3 million to invest it could be a different story.

In other words, your price determines the perceived value in the guests mind, no different than a luxury purse fetching $1000 while another brand only $75, even though they are both made out of leather. 

Orlando also is known globally and gets over 70 million visitors a year and we are a year around destination, not seasonal.

Millions.

Charge the $99 for $5K coverage and $500 deposit directly from guest (these are million dollar homes).