I would say the MOST important things are 1) communication with your guests and getting good reviews, along with 2) having a vetted team (handyman, cleaners, etc.). and 3) document EVERYTHING regarding issues and Air BnB will take care of you (without documentation you're out of luck).

You can collect the money in many ways, I have tenants pay using secure ACH transfers using apartments.comI would declare this income because later on you may need the documented income to qualify for loans etc.

You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.

I would probably start monthly or bi-weekly "safety inspections" to A) document any lack of evidence of risks/issues to the tenant's safety to be prepared to legally defend yourself in the future, and B) to monitor for new/worsening damage to the unit.

The title insurance premium charges for the owner's policy and any lender's policy will be calculated and allocated in accordance with Florida law, but may be reported differently on certain federally mandated closing disclosures and other closing documents.

I do all tenant relations and use Adobe sign for all documents. 80% of my tenants pay electronically and no one has been late.

Find the downloaded file and click Upload.This should show the document in Google Sheets after.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

Furnished Rental Checklist: https://docs.google.com/document/d/1RzTpNu1Vsm1_PJxPa_uTk5vL...2.

Phase 1 is an initial assessment, more focussed on document research while Phase 2 is where they actually take soil samples etc. 3.