Often times, the areas which aren't "touristy" can be a gold mine for someone who really does their homework on short term rental.  

The SBA can be a gold mine for keeping you accountable and they also have resources for creating a business plan. 

Gold?

The people at the top have no interest in protecting the peoples interests, or investors interests either, and if the currency ever crashes, they are the ones that own all the gold.

If something inside the box creates liability, you can loose the whole box content, but nothing outside the box.If you are sued personnaly, you can loose all the asset that you own, but not what is in the box (if the State where you organized your LLC offer the charging order as only remedy).The gold standard in asset protection is to put each dangerous asset (ie the one that gives you liability; real estate being a good example of it) in its own box, while you can put all the non dangerous assets (bank and brokerage accounts) in another single box.In practice, you will have to decide what is the size of the box that you would accept to loose vs the price of establishing and maintening these box.

👆 That's been gold & we will build our portfolio in KCMO for that reason.Our most recent deal is in a market that I wouldn't even suggest...

Maybe we got the gold versions?

@Ava Miller you mean you don't want to pay 20-30k over asking when asking is already 30k higher than it should be because people in Charlotte think their homes are made of gold?

You're on your way to a gold mine of wealth, really.

-Precious Metals (Gold/Silver): Insurance-Opportunistic Bridge Notes / Rescue Capital: Clip 6.00-7.00% on the note plus fees on distressed value add multifamily.