It simplifies accounting, enhances financial transparency, and supports effective management of your investment property within the LLC structure.Hope this helps!

Purchase price: $215,000 Cash invested: $55,000 When we talk about long term rentals the goal is to buy something that people are going to live in 3-5 years with the ability to raise rent over time ahead of insurance, taxes and inflation.

Lot of great replies on here already - only thing that I would add to consider is getting a few outside opinions from realtors, other hosts, property managers, etc. about the medium to long term outlook for STR regulation in your specific area.

I would not especially if it’s a long term holdLastly if cash flow is negative they pitch in ?

That's an incredibly long time for a home to not move.

I want to purchase my primary home there with creative financing options, because like all of us I want to set more favorable terms than the traditional lenders can set.

This strategy helps offset W2 income effectively.

The idea would be to sell the lots to pay down on the short term mortgage until the house got fixed entirely.

You are buying their terms and their contract along with the property.

I am liking what I am reading as far as the terms and options are concerned with Quickline Capital.