First time in 3 years we have had to file a claim with over 150 airbnb stays. Guest left all windows and door open in our cabin in -15 degree weather when they left causing a frozen pipe. Left the place destroyed and ...

@Ryan Bono Sounds like you've built a sweet team and process!

As an investor with ODC, and someone who has spoke with Brandon directly a handful of times about ODC, I can tell you that he does participate in the decision making process' at the company.

As a result, this isn’t the kind of market that attracts top-tier PM talent.Your best solution might be to either:1.Take on self-management if possible (and if you’re willing to put in the time/effort).2.Find an individual you can trust to handle these properties, set up very specific instructions and processes, micro-manage them initially to ensure standards are met, and compensate them well to make it worth their while.This approach requires more oversight on your part but can yield better results in markets like this.

Anytime you are looking at purchasing a condo with a mortgage, the HOA Questionnaire is always going to be a key point of the loan process.

Evaluate the situation to see if you could have done anything differently to mitigate the loss and implement changes to your processes, but know that this happens and hoepfully just not too close together. 

That being said, the vast majority of mortgage products available (primarily DSCR) to LLCs are still going to consider your personal credit in the underwriting process.

Turns out the Seller's agent and the escrow agents were really nasty to the bank throughout the whole process.

There is no question that fires in these areas are caused by man developing in what was vacant areas where even if there was a fire ( which there has been over the centuries) But these were not in the thought process's in the 1900 until the 60s before CA recorded the subdivision map act  into law.. you just platted and recorded Just look out in the high Deseret there are 1 mil platted lots with virtually no homes but nothing to burn..

I set an arbitrary goal of obtaining 10 reviews on Vrbo before incorporating Airbnb; however, this process took longer than anticipated, as only 77% of Vrbo guests left reviews.