Personally I’m having a hard time coming up with Cons, and that the Pros greatly outweigh them.

Happy to connect and knowledge share if you are interested. 

We help roughly a dozen investors acquire STR’s out west annually, my advice to STR investors is to create a home and a space that is yours to share with others.

Also, I would personally get rid of the dishwasher as well, 1 less liability to worry about.

Any specifics of the transaction you can share? 

Hi William - just wanted to share an article I wrote about DSCR Multifamily Loan Options and Pros and Cons for this exact need (5-10 unit multifamily). 

Non realtor (me) drawing up purchase contract with seller financing land deal, owner is listed as "ABC Inc Profit Sharing Plan" in the county CAD.

I'm not.The way around it is a single-person LLC owned by only one person and not their spouse.

The law also creates a landlord liaison position at City Hall.Effective in six months (I believe this to be July 1, but I haven't found an exact date anywhere.)I thought this was important to share, as many of the local investors I work with in the Kansas City Metro have very strong feelings pertaining to this ordinance, and are making very serious decisions pertaining to where they invest in the KC metro.Let me know if you would like me to email some brief slides explaining the ordinance, or if you want to read the actual ordinance in detail.

I think we charge about $50 per application for every person over 18 years old.