i use mine for STR so it is really nice to have notification when a guest arrives or when cleaners are there.But even for LTR, being able to control codes and provide access for maintenance from a distance is a nice convenience. 

(you need a pool in Palm Springs, who is your guest avatar?

The 8 to 10% is worth its weight in gold. 

It will be inconvenient for you to use the laundry down there when guests are present. 

The cleaners are able to make the beds right before they leave and the extra set stays in the unit for guests. 

I lived in Toronto for a couple of years, and the real estate there is quite funky.Making the trip and meeting people in person will be worth its weight in gold...GREAT CALL on that.We work solely in Chicago as a general contractor...for now. 

Evolve Vacation Rental:Evolve is known for being hands-on with STRs, providing everything from marketing to booking management, guest communications, and cleaning coordination.

Do you find being pet friendly increases your occupancy OR deters guests away who don't want to deal with past pets?

This could boost your cash flow without relying on stock market returns (Which can be volatile)2.Real Estate Professional Status (REPS): If you’re leaving your W2 job, qualifying for REPS can allow you to deduct real estate losses against your ordinary income, giving you a big tax break.3.Cost Segregation: This can accelerate depreciation on your properties, creating significant tax deductions.

The most common benefits a landlord can get from an arbitrage agreement are: reduced vacancy expense, decreased maintenance costs (most arbitragers agree to fix any damage done by guests), increased rent (most pay a premium), reduced number of hours managing the property (aka it's more passive)Some less common benefits, but still worth mentioning: Using the property to host their own guests at a lower rate during the "vacation season", Revenue sharing, arbitrage managing landscaping, and other management tasks.