I saw an opportunity to implement the BRRRR method here.

So by using the Tardus “system” (which anyone can easily implement and which has been discussed for many years on BP), an additional $466 was earned at an increased risk.  

Implementing the proper legal and financial structures can help shield your personal wealth, reduce your exposure to litigation, and limit access for potential creditors.

Regarding tenants, you typically want a standard list of requirements: i.e.4x rent in take home pay, verified with paystubsCredit Score above 700No evictions on background checkNo felon convictionsConfirmed landlord references for last 5 yrsThe reason I say it is collaborative is because if you are buying in "higher" crime areas, lower income areas, etc, the list above may be too stringent for the typical tenant looking in that area. 

In cities where STR/VRD rentals saw explosive growth due to lack or non-existence of regulations - such as Rockaway Beach, Yachats and Lincoln City - the cities and counties implemented rules that both capped and in some areas restricts the transfer of a permit with a property. 

Purchase price: $672,000 Cash invested: $360,000This project implemented the BRRR (buy, rehab, rent, refinance) strategy.

@Henry HsiehThere are several ways to implement a value-add play in retail. 

Hi @Enrique CruzWas there a certain RE Strategy that you were looking to implement.

They usually have to implement a trust account.For co-hosters who do not accept any rents and just invoice for reimbursements and services rendered, they can usually get around the state requirements that traditional PM companies are subject to.I'm not an attorney.

This eliminates 90% of all issues, and it is easy to implement.