So $100/unit decreasing in inflation adjusted dollars with time and a property loosing value in inflation adjusted dollars.  

We do not drain our hot tub after every guest, but we do test and adjust the chemicals, vacuum it (sand) and skim the top if needed after every guest. 

Many listings are adjusting their asking price at least once while on the market.

I am trying to bring myself up to speed!  

I'm an investor and I'm looking for the best possible risk-adjusted returns so you and other readers might have the same objectives.I'm only interested in STRs for maximum profitability and because the other strategies generally aren't worth it.

Today, I wanted to chat about something that's been a major topic of discussion in our industry—the recent NAR settlement and its potential impacts on real estate agents.For those who might not be fully up to speed, the National Association of Realtors (NAR) recently reached a proposed settlement agreement related to broker commissions.

But a free market will adjust it.  

Speed and flexibility tend to go with the ability to do deals well, but I think making sure that they are a lender comfortable and efficient doing the basics of the deal will help.

Any additional tips or corrections would be greatly appreciated.Example:If the PM sends an owner statement showing:Gross Rent Collected: $3,000Property Management Fee: $300Miscellaneous Expenses: $200Net Rent (Amount Deposited): $2,500In QBO, I would:Record an income entry of $2,500 for net rent.Separately, record any additional expenses paid directly, such as:Mortgage: $1,200Insurance: $100Property Taxes: $150Summary:Property Accounting: Handled by the PM company and detailed in the monthly owner statements.Corporate Accounting: Recorded in QBO, focusing on net rent income (after PM deductions) and any additional expenses incurred.Please let me know if this approach is correct and if you have any suggestions or adjustments to ensure compliance and accuracy in my accounting processes.Thanks for your guidance!

Naturally we push the limit to the point that the Housing Specialist might request a small adjustment to meet the calculations.