It adds a little friction, but it’s been cheaper than dealing with an eviction.For those of you with more units or operating in multiple states, how are you handling screening and verification?

But instead of closing on the first call, it turns into multiple follow-ups, and sometimes the deal just fizzles out.So my question for the community is:How do you move from agreement in principle to an actual closing?

I have multiple crews and subs that can get rehabs done super quick and finding lenders hasn't been an issue at all either. 

CAUTION: Some situations can get hairy if you don’t know how to properly engage the occupants.

Engaging with a knowledgeable property manager or legal advisor can help you navigate these complexities effectively.

Hence contractors are typically not engaged during the purchase process for non-major rehab?

I transitioned into the corporate world longer than intended, but I’m now fully re-engaged in real estate investing.In 2024, I acquired an Airbnb property that has achieved near-100% occupancy, reaffirming my focus on active property operations.

"Would you say that looking back, going through the legwork of establishing a Reg D entity was worthwhile for you on that deal in comparison to just establishing a basic LLC structure with multiple members?"

You may want multiple year of tax returns so that you can average out the income. 

If you are listed on multiple platforms and need a more robust solution, consider PMPs like Guesty, Hostfully (which I use), Hostaway, etc., to manage your guest messaging and get the bookkeeping capabilities.