You need enough time to earn healthy returns, but not so much that your kids graduate before the sale.Considering market cycles, five years is a modest stint in which to invest, make improvements, allow appreciation, and exit before it’s time to remodel again.A five-year projected hold provides a buffer between the estimated sale and the typical seven- to ten-year commercial loan term.

@Immanuel Pierre there's ONLY a couple of companies that manage room-by-room because it's so difficult and time consuming.

You said your parents made a modest profit on the sale.

Well, in 2018 76% of all online traffic was online video. 2019 is projected to 82% of all consumer internet traffic will be video.

Estimating a project is time consuming and hard to get a hold of contractors that do this the proper way. 

To begin with and develop confidence, start small by beginning with a single rental property or a modest multi-unit property.To choose the ideal property kinds for your investment goals and risk tolerance, do in-depth market research to uncover attractive investment markets and examine local market trends.

Some versions of consumer software like TurboTax also have that option, but I think it's only in forms mode.

Have never seen a consumer expert endorsing these.What is their fee without these protections?

What consumables do you provide your guests in your short-term rentals?

We used to manage STR but they very time consuming and the staff hates them.