If you proceed, make sure you go through a competent attorney to have this loan properly originated and documented. 

It's likely you have problems because you aren't doing preventative maintenance.Pay a service to go over either weekly or at every turnover and balance the chemicals, make sure it's clean and operating properly and ready for the next guest. 

I’m tempted to put a little more down to ensure reliable cashflow and work the long game to increase rents through small adds over time.Thanks again.

-based)Handles motivated seller calls and negotiations.Covers all five virtual markets.Works directly with JV partners when needed.1 Operations ManagerOversees systems, troubleshooting, and process flow.Coordinates with acquisitions manager and VA to ensure deals close smoothly.Strategic Realtor PartnershipsRealtors in each market handle MLS listings.Dispositions simplified: instead of a full-time Dispo manager, we leverage agents + our contracts.VA supports transactions by communicating with title companies, buyers, and sellers.Volume & ResultsWith this streamlined model, my company consistently closes 5–7 deals per month across multiple markets.

This can potentially let you offset income with deductions and may help you qualify for tax breaks like those under real estate professional status — but check with a tax pro, as it depends on your hours and other income sources.LLCs & tax strategy:Setting up a cleaning or property management LLC could help you properly expense cleaning and maintenance as a separate business.

A knowledgeable real estate CPA can ensure that each step — from acquisition to day-to-day operations, and ultimately through the exit strategy — fits into a broader plan designed to minimize taxes and maximize after-tax returns.

Doing #1 might actually help make #2 easier.If you do a cash-out refinance on your home(Assuming you have equity), you will be able to pull out cash which you can use.You can then use the cash to purchase a property that qualifies as a BRRR property.Purchase it with Cash / Hard money and do the proper renovations.Do you have properties in Jacksonville?

It is disheartening to witness a mentorship program that boasts substantial financial success, with students allegedly earning substantial monthly incomes, yet fails to ensure that their own employees receive even the minimum wage they are entitled to.

Hello folks!

I'm getting into real estate investing, and I'm trying to
understand whether renting is a viable strategy for where I'm targeting
(Newark, NJ). I'm very numbers oriented, so I h...

If you want to pursue the ADU BRRRR, make sure you line up cost segregation and properly document HELOC use so every dollar of interest is deductible.