To avoid these, create an operating agreement outlining roles, responsibilities, financial contributions, and handling disagreements.

I moved out of it and now operate it as a rental (one unit LTR, the other MTR).

DFW AirBnB is getting expensive to operate and find good deals due to all the HOA regulations that are being implemented..If the property won't cash flow in LTR, then your option is limited to listing it, but I don't exactly know without looking at the numbers, as you can figure out some month to month strategy to lease the unit for a while.One thing that I always tell my clients is that when you are doing AirBnB or any STR/MTR, you are entering into the hospitality industry.

You can create a separate virtual account for each unit that will link to your main operating account.

From my experience, many investors prefer to stay hands-off and avoid the day-to-day operations—managing contractors, solving unexpected issues, or finding a replacement electrician.

This is the onboarding process.The next issue we came across was "How involved do we want to be with the day-to-day operations?" 

Happy Holidays BP Family - I'm currently working on a seller financed industrial deal, asset on the smaller end (~10ksf). It is in leasable condition but has below market in-place leases. Given that the industrial mar...

Your chances of success will be much higher in the best locations because the high demand of people wanting to live there combined with high appreciation potential will make up for the inefficiencies and risks of operating remotely.

Rental prices for a 3bd/2ba/2cg home 1500-2000sqft can easily range from $1,800-2,600 per month. 4) Major employers in Central NM include Sandia National Labs, Los Alamos National Labs, Kirtland Air Force Base, FBI, US Federal Government, State of New Mexico, ABQ Public Schools, University of New Mexico, Central NM Community College, Presbyterian Healthcare, Blue Cross Blue Shield, Lovelace Healthcare, UNM Hospitals/Cancer Center/Level I Trauma Center/Regional Medical Center, Netflix Studios & Film Industry, Solar Panel Manufacturing & Renewable Energy Industry, Meow Wolf, Amazon Fulfillment and Distribution Centers, etc.

Personally, I am a big fan of the "alternative" storage systems such as water pumps, sand etc. because the battery method is honestly not all that efficient on a cost to operate measure.