A PM should cost around 10% of gross max, not 50% or worse.If your doing repairs yourself then your not living your best life anyway.Start interviewing PM's and turning over a few properties to start with.You could also use multiple PM's and get rid of the lower performing ones over time.

THANK YOU You probably need multiple lights and will need to recharge or replace batteries regularly.

Some of the surrounding towns don't regulate STR, at least not yet.Regardless, if you purchase a property in any good size city that you intend to use as a STR, I would suggest you purchase it such that you have multiple exits. 

Hi, I’m interested in getting STR data from AirDNA for multiple markets but their monthly fee is very high ($500+ /month for an annual subscription) for all markets.

On the buying side, we very rarely offer on something without it being a multiple offer situation.

This will allow you to get a realistic understanding of what you can/can’t afford and a baseline for what you need to do to improve you position and any additional capital to save.  2) Lenders will request the below preliminary information.Name of entity (organizational chart if applicable)Personal Financial Statement (PFS)Schedule of Real Estate Owned for each borrower/guarantor (SREO)Resume/Bio for each borrower/guarantor, if applicableBank statements for verification of depositsLast 2-3 years of tax returnsI recommend using a mortgage broker in your area that is able to connect you with top commercial lenders to get you multiple competitive offers.

I have read multiple books so far about short term rentals and posted because I wanted feedbck from more experienced investors.

@Joe Splitrock offering cash is obviously going to lead to a fast closing, its exactly want the sellers want and its opposite of what investors looking to do multiple deals want to do.we want send photos to create a relational aspect, so no, I don't see how thats discriminating. it's also what Brandon turner recommends. 

Make sure you have multiple exit strategies. :) 

One thing that's lacking from these though is I wish I could have multiple checking accounts for different businesses with the same login - but not an issue for you since you just have a single LLC.