Even if you don't, you might be able to claim that such an arrangement is normal business practice even absent the exact verbiage.

This is a good reminder that I need to set up a Houfy account.

here's mine.i don't think it's "too good to be true," exactly, it's just that not every STR can be a top performing STR. 

Rent by the room is a great strategy for cash flow (I house hacked my first house and did exactly this). 

I’ll keep that in mind as I work through setting up the proper channels and foundation of this new venture. 

In our experience, the #1 mistake owners make is ASSUMING all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY.

I want to set things up correctly from both a liability protection and tax-efficiency standpoint but I’m not sure what the smartest approach is.I want to make sure I’m protected personally, while not overcomplicating things or eating up profits with unnecessary entity costs.If anyone has been through a similar situation—owning properties in more than one state—and can share what structure worked well (or what to avoid), I’d really appreciate the insights.Thanks in advance!

If you don’t believe in BiggerPockets message or mission then what are you doing here on the forums exactly??  

For me, it’s easier to make up the difference by having a fuller calendar rather than playing around with exact fee offsets.I’d rather price competitively so I stay attractive in search results and let volume carry the revenue.

@Andrew TrevinoWe’re a Property Management Company (PMC) and we’ve seen owners make the same mistakes, over & over again when looking to hire a PMC.In our experience, the #1 mistake owners make is ASSUMING all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY.