Rules vary significantly, and you need to be aware of licensing, taxes, and any restrictions.Local Market: Analyze the STR market in your target area.

I live in a very expensive market (Seattle, WA) and I am looking to invest out of State.

Use the $11K for marketing instead of for a course which, at best, will be generic and will lead to the next course upsell. 

Memphis has been an amazing market for BRRRR due to its affordable property prices, strong rental demand, and solid cash flow potential.Would love to hop on a call and go over your questions—let me know when you’re available!

Don’t forget. 2024 rent cap was 8.9% so you may never get “market rent”.

@Kevin Duke Since Subject A’s $6M net worth is below the federal estate tax exemption ($13.61M in 2024) and Florida has no estate or inheritance tax, Subject B can inherit the property tax-free with a step-up in basis to the fair market value at the time of death, eliminating capital gains tax if sold immediately.To avoid probate, Subject A can use a Lady Bird Deed (Enhanced Life Estate Deed) or a Transfer on Death (TOD) Deed, which allows automatic transfer to Subject B while retaining full control during their lifetime.

Hey @Dan WardWould love to give you some advice , those are my primary markets as an investor and agent helping others. 

Wayne market? 

Quote from @Blake Steagall: Hello @Jaycee Greene, I do not own any real estate in that market yet but am interested.  

This is more common in today's market and often allows the seller to get a higher sale price than if you were to go through a bank/SBA loan.