A project like that will probably take 6 months to 1 year, so what's your expectation for future rents?

Properties that grow significantly in value provide the equity and leverage needed for future investments, which can multiply your returns over time.

Should i ask the downstairs tenant for the footage to have as proof to have and document for anything in the future? 

Also, I put stock in the fact that I can manage things well and that I try to operate above reproach.

You might also want to look into supplemental insurance for future stays, like Proper Insurance or Safely, to cover situations where Airbnb’s support falls short.I'd be happy to help more.

Always vet each property thoroughly as the past does not equal the future. 

- Rents, Vacancy & Maintenance metrics, future growth, etc.2) Your analysis?

. - Fortunately, our transparent systems allowed the owner to catch it:)- Full transparency - we would have never caught this honest mistake:(An owner also needs to be involved to approve & fund large expenses: maintenance, property tax & insurance payments (if they want to be more hands off), evictions, etc.A great PMC should also have a chat with you annually about your future plans for a property and your portfolio. 

Current Financial Snapshot:• Savings: A solid mid-seven-figure amount currently invested in the stock market.• Primary residence: A 2-bed, 2.5-bath townhouse purchased in 2020 with a 2.75% interest rate.

Given your financial constraints and the property's ineligibility for historic tax credits, this approach allows for reinvestment into assets more aligned with retirement account rules.For future real estate investments, you don't need an LLC for tax reasons.