There comes a time that you just have to make a business decision about raising rents because owning real estate is expensive.

I would love to connect over coffee and learn more about your business!

Every failure - every test of your marketing, every conversation, every offer, every rehab, every tenant, every refinance, every tech nightmare...

Since this would be considered your course of business because it is not a one off, you should also look into things like using 3rd party servicers etc. to maintain compliance.If you want to do it right, then yes use underwriters to review the loans and treat it as if you were Wells Fargo originating a loan to yourself.

We are in the "due diligence" phase of our evaluation and as business owners ourselves, we make decisions slowly and deliberately(over months/years). 

This property must be used in a trade or business and held longer than 1 year.

So, that gives you some exposure..Its normally not advisable to mix business lines. 

You do need enough cash to deal with emergencies that come along-that is part of the business. 

Biggest problem is that managing a Turo rental is more hands on than managing an STR, and is more difficult to do remotely.But if you can find a way to do that work, you've basically got two businesses where every customer for one is a free, super valuable, super targeted lead for the other, with the opportunity to offer a bundle discount to close the deal.

Hi all I'm looking to consult with a business attorney for company formation, and service agreements.