In fact, there may be other home service opportunities with quicker growth potential worth considering.Additionally, be aware that in Texas you’ll need a broker’s license, not just a real estate license, to operate a property management business.

Then determine your burn rate, days between call to cash, take down ability and average profit per opportunity. 

However, between the work-from-home ability and the recent crime spike in D.C. post covid, many businesses have moved just outside the city to areas like Alexandria and Arlington, which in their own regard already had thriving business environments.This macro trend, along with the massive amount of economic and infrastructure development happening in Alexandria will lead to massive rent growth and home price appreciation over time. 

Are you scaling quickly or focusing on steady, long-term growth?

They force you to take instant bookings without any ability to screen guests.

Quote from @Levi Perl: The purpose of background screening is to determine a level of risk, and then you decide if you can mitigate that risk.How does a DUI conviction from three years ago impact the tenant's ability to pay rent or maintain the property?

Focus on areas with strong population and job growth—that's usually a good sign of demand.

They seem honest and genuine, and have seen tremendous growth the last few years.

The current market definitely has some great opportunities for strong ROI and equity growth.

I am hesitant to sell because the property is in a GREAT area with high-quality renters, and theres lots of growth in the area… But I am open to any advice you may have.Thank you in advance!