But with STR the makeready cost is nonexistent (especially if you don’t allow parties) so that’s a bonus.

Obviously for us this was the best option over a glorified party.

@Kim Meredith HamptonThe exact line says "This lease may only be terminated with notice of at least 45 days from either party"Am I misinterpreting this? 

There is no way to tell, but this escrow thing puts a third party in control of deciding if the work is completed 100%, if it's good enough, etc...

@Ernie Sturzinger 1) I don’t see how using money drawn from another investment account for the down payment makes it “no money down”. 2) I’m personally fine with neutral cash flow IF capex/maintenance and repairs are very conservatively accounted for, there are adequate capital reserves to cover unforeseen issues as needed, the property is being purchased under market value with built in equity, the location has great appreciation potential, value-add is possible in the near term by making improvements and increasing rents, the investment horizon is long, etc.

Perhaps a nice 1950's built bungalow.Always hire a 3rd party property inspector to give you an unbiased feel for the home.

I conservatively have about $300k in equity in my rental property, and I am dying to use it to purchase another property, and perhaps start a BRRR strategy and begin to build our financial power up again.

We are living in the main front house and renting out the ADU to a tenant.My question is, other than having landlord insurance on the ADU, a solid lease agreement, and a 3rd party management company as intermediary to help manage repair needs/requests (my partner and I both work full time jobs) and showings when the unit is vacant, is there any legal entity protection or other avenue that will protect us further in case of a tenant lawsuit? 

County and school tax info can be viewed within most real estate listings however its always smart to call the collecting party and verify accuracy.

If you don't have something structured where you can keep everyone is a seat for 30 to 45 minutes then you may as well just smoke some joints, drink beer and whiskey and have a wild party nobody will forget.One meeting could be for flipping, single family investing, multi-family investing, the best ways to find properties, how to do rehabbing, how to deal with contractors, how to do the math for single family and multi-family investing before and after the purchase, financing, dealing with commercial investments, how to do accounting and reduce taxes, how to streamline your entire operation, what software to use and how to use it and a lot more.Most meetings have only coffee, water and cookies for people to munch on and not much more.