If you ever fly over the north west in winter you clearly see with the snow on the ground the checker board effect this is because of the way the timber companies and in the old days the feds sold off sections.. they checker boarded ownership.I just find this so cool.. what used to take me hours now is a matter of minutes.. these two props I am honing in on were found on the back end of property radar a little know avenue that we use to find distressed props cant divulge it on air here.. but suffice it to say these are big money plays.

Picking the right property, unpaid rent, evictions, rental unit damage, etc.But for me, my number 1(outside of property choice) was choosing and managing my property managers. 

I underestimated how much damage these things can cause. 

Here are the details upfront:Purchase price-$135kDown payment-25% ($33,750)Target ARV-$170kWhat is the best, most cost effective way to pull out this equity gain and use it for a longer term, mortgage-like loan that I will use to purchase another property?

Just go CBS and rest easy.In regards to the seasonal renting, it all depends on your plans for the property on the off season and your ability to effectively turn is rapidly for the shorter stays. 

Then you could figure out your all in price and run your numbers effectively.

If a property is owned by an LLC, and let’s say someone decides to sue for damages due to an injury on the property, they go after the insurance (important to have) and any assets under the LLC - Liability is limited to the business when you have this type of set up.

Putting the escrow funds at the title company, and keeping in touch with the seller are not as effective, but can help as well. 

While this won't effect me directly, I can see negative impacts in more densely populated areas.

Shortly after a hurricane had some minor damage to some other units (the condos were built in the 80's), the condo HOA voted to become a 55+ community.