Hey Jonathan - I usually start by checking what similar properties are charging in the area, considering things like size, amenities, and location.

In the spirit of Goal Setting, here are my top 5 Tips for ensuring you set goals with the highest probability of success. 1.

Here’s my honest advise; consider studying for and obtaining your real estate sales license, and obtain a part time position with a real estate agency that will provide training, guidance, and oversight.  

Once you set up the tenants in the system it works great.

I have considered it but I keep things at a flat rate for the exact reasons you stated.I want people to get the exact price when they stay at our lake house.

* What are some factors to consider when identifying these hot spots?

You've only owned it six months, so you probably haven't dealt with vacancies, maintenance, or capex, but you should be setting money aside for those things.Your partnership agreement (if you have one) should address exit options.

.: I was told by my PM at a recent move out it was now considered normal wear and tear and you couldn’t charge for it. 

That is the skinniest deal I will even consider.

The problem is, none of it is based on actual comps, and again, the word "cute" doesn't have anything to do with setting those numners.What you need to do is a full analysis of the comps for both rent and sold in your area.