thank, we are currently working through setting up our 1st airbnb and this one stop shop is extremely helpful...double vote up if i could !!!!

Double check with a qualified professional or two, but if that did happen you would be "stuck."

Just offering a friendly warning to double check the zoning.

When it boils down to tight ratio's on purchases like this, I always double check the taxes and make sure that the estimated annual amount is correct.

Specifically, ones that are familiar with and can do Assignments, Double Closings, etc...

All you do is hire a PM co and let them handle. 15- 20% net cap with appreciation ( I have seen pricing double triple or more in my market) is a heck of a lot better than 2, 5% All the best  

The STR rentals that can double as long term for travling workers is where the money is at.

But I've doubled my annual income in that period without relying on raises from my W-2.

The yearly inspection is a double-edged sword. 

I can’t count the times that I’ve been approached by someone who has no experience, no site and no capital with a JV proposal.Taking on a “partner” with these “credentials” requires the experienced developer to not only do everything normally required to execute the project but to also teach the novice partner.The time and effort involved on the developer’s part to teach the novice partner will easily double the work normally required to do the deal.Anyone that hopes or expects a developer to train and share equity with them needs to adjust their expectations and bring something of value to the table in addition to any sweat equity offered by the novice.There are ways to get into the development game but they must be logical to both parties and make financial sense.I’d be happy to discuss this further with anyone that is considering getting into ground up development.