We also use Rental Guardian and add the charge to each booking so essentially the guest is paying for their own damage insurance.

Done multifamily, SFR, STRs... and finally found the niche that I love the most and believe has the most potential for decades to come.

Sounds like it could be a decent LTR situation, but you answered my concern on if a STR would really stay booked enough to justify a purchase.

And because of that, they each got more than 10 bookings within the first two days.

Have some real estate under my belt but looking into Short term rentals opposed to long term rentals.Wondering if there is a stand out book to read to gain understanding for Australian Short Term rental market/AIRBNB.Also if there is a specific group for Australians and short term rentals for Australian market/Australian tax system etc, do point me to that.Rod

I love to think about my vision in the ABZ format:A = Where am I right nowB = What is my most important next stepZ = What's my final destinationI try to avoid thinking or worrying about cdefg, which is almost exactly what you are doing! 

There is no pitching of any programs, coaching, books, etc.

., funding.Two final thoughts, I'm all for being efficient, but you should think about the opportunity cost of tying up your own money in a single rehab, vs. using it to fund another simultaneous deal.

I will mention that a hot tub could really increase the frequency of bookings. 

He has a book and good, practical advice.2.