Because of the lease, an MTR operator will often pay first month's rent, security deposit, pet deposit, last month's rent, and even lease application fees.

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Verify STR regulations in Littleton/Denver and secure permits.

.$69.99 eufy SoloCam S220 Solar Powered - https://www.amazon.com/eufy-Security-Continuous-Resolution-C...We did buy these for the rental but I haven't installed them.

I recommend having your deals secured by a mortgage and a promissory note for your investors.

If your DSCR has improved or market rates have dropped, refinancing might secure you better terms and improve cash flow.

The security deposit should never be used for anything during the lease.

Smart cameras like **Ring** or **Arlo** can be a good option, and you can hide the recording box in a locked area for added security.

While I secured the initial financing for the property, I have two other partners/groupings (a total of 6 people) that are contributing to the closing. 

But if do a BRRRR from far away that's risky too, without a really good and trustworthy team in place and lots of checks and balances (security cameras, someone local to check on your property) and the ARV and refinance aspect can be challenging.