After investing $150,000 into a full remodel we decided to keep it as an Airbnb with 5 studio master suites with their own bathroom and kitchenette.

When would you suggest to establish an LLC for your portfolio?

I am looking for any advice I can use to pursue this goal.

I think many can be easily overcome like finding an attorney and contractors in the area, but the most interesting challenge I can think of is how to hire someone to deliver late payment notices one day a month.

I doubt an attorney would take up the case for $30,000 but you can take her to Small Claims and attempt to get something out of her.

Hi Investors,My name is Eddie and as mentioned I'm looking to get into REI.

if your paying cash.. you probably make 10k a month net by the time you get to 20 homes.. if your using max leverage your probably at around 4k net.

Hi Maura,Do you have a US credit, US based LLC and US bank account?

There are a lot of loopholes the city can use to keep people from doing a STR.For example, an up/down duplex.

I'll look into the flood risk and I'm always getting an inspection which includes a foundation check.