What strategies worked, and what challenges did you face?

Coming at this from a slightly different angle.....What is the biggest challenge with customers?

That being said, keeping contractors on-task is the biggest challenge.

My business partner and I are working on a seller finance deal.  The idea has been to put three properties into our LLC's name then refi out in 6 months using one of my broker's lenders that allow a 6 month seasoning....

With the online forums available, anyone advertising or soliciting should be cognizant of the fact that any statement they make in their “advertising” will likely be called out and or challenged.  

Just double-check with your lender how joint ownership with your friend will work under VA guidelines, since technically only the veteran can use VA financing.

I have a huge passion for renovations, ground break builds and odd ball challenges.

Steve, That’s a tough run of challenges, but I appreciate you being transparent about the numbers—it’s super valuable for others in the STR space to see the “real” side of it.A couple of thoughts: 1.

:)Challenge: trusting, but verifying.There's always a bit of trust between a PMC and an owner - but the PMC should document as much as possible and be as transparent as possible.

There are definitely homes out there that look and feel like townhomes but are technically classified as single-family residences, often with small lots and part of an HOA.In searches, it might help to focus on terms like "single-family home in HOA", "zero lot line", or even just filter by single-family and then narrow down by lot size or community type.