Short term rental? 

So much learning in such a short time. 

Look up value add repairs to see what would be attainable while building ARV in a short timeline.

We all make the same claims. ie: “premium service”, “hand-picked homes”, homeowner-friendly onboarding”, “leading industry technology”, “24/7 communication or local support”, “maintenance programs”, “hotel quality linen program”, “preferred vendors” … blah blah blah I sell within what I would consider a “traditional” vacation rental market. ie - your vacation rental is likely not in danger of being put out of business by the local government… an example close to home for me - The City of Dallas’s recent STR Ban.

. ;-)  its just a lead source I would not follow their advice of course .. just a lead source its like a loose MLS for sub too.. you can always say no. 

So short answer to your question, get your finance in order first. 

@Merideth McNameeThe rehab budget seems a little low and the timeline a little short.

So that lead me to believe that they are solely loaning the money to the business and not to the individual that owns the LLC.

Purchase price: $360,000 Cash invested: $90,000 Our Short Term Rental in Waco, Texas just 4 blocks from the famed Magnolia Market and Silos.https://airbnb.com/h/thecraftsmanonclayhttps://www.vrbo.com/3531044?

Plan for a long-term rental, medium-term rental or short-term-rental?