When you start utilities on the properties just purchased for STR purpose under an individual name but will be transferred to an LLC soon, is that better to wait the LLC to be done first then start the services, or turn them on as soon as possible to reduce the downtime to get ready and change the ownership to an LLC for the utility companies?

In most of these $260k neighborhoods, that usually puts us somewhere in the $20k–$40k range for dirt unless utilities need upgrades.2.

With STRs, if the average stay is under 7 days and you materially participate (manage, renovate, coordinate bookings, oversee operations, etc.), the IRS lets you treat the activity as non-passive, even if you don’t meet REPs.

Quote from @Benjamin Louie: Since your wife will be materially participating in the Airbnb (cleaning, managing, handling guests, etc.), you won’t be stuck with the passive loss rules that usually block high-income earners from deducting rental losses.

Start with infill new construction before raw land developmentIf you’re newer, infill builds (existing lots in established neighborhoods) are much easier:• utilities already accessible• zoning typically already set• comps are more predictable• less site work surprisesRaw land development is a different business, avoid that until later.4.

Every flipper I talk to seems to be dealing with one bottleneck: either waiting on funding, coordinating contractors, or managing renovation timelines.
What’s slowing down your flips in the last quarter of 2025? Woul...

Also ask tenants if there are any recurring issues.Typically when completing the due diligence, you'll have a chance to see the current Sch E, which will list utilities if the owner is paying anything. 

Rehab is always tracked as its own cost centerLabor, materials, subcontractors, permits, all separate line items.

Furnish it nicely (can be expensive), have utilities all setup & ready, ensure great curb appeal, take very nice pictures & videos showcasing home & experience, marketing verbiage changes, different marketing platforms like Furnished Finder or making longer stay on Airbnb.

Start with the easement agreement itselfIf the recorded easement says all parties may maintain the road, paving may fall under “maintenance”, or it may be considered a material improvement.