When providing a lease renewal we provide 4 options - sign a 1 year lease for a lower increase, sign a month to month at a higher increase, submit a move out notice if you wish not to renew, or choose to do nothing and receive the highest rent increase (with a clause that once they select from the other 3 options the rent amount will be adjusted accordingly not not made retroactive)

Larger operators will get dozens of reviews per month and many more touchpoints in direct communications.Do any of y'all use a vendor, team member, or software to analyze these interactions for insights into areas of opportunity to improve guest experience?

Use Technology: Leverage property management software and virtual tools.4.

I would be using my own software and doing the day to day.

The commission for the listing was negotiated between the seller and the FIRM prior to any offers being submitted.

There is rental software out there that can automate this for your, you can also set up auto emails to go out to your tenants.4.

I appreciated that their pricing packages were customizable to what you need as a combination of their PM software, maintenance coordination, leasing services, and/or delinquency assistance.

(Purchase price somewhere in the $600k range)The property should bring in around $45-$55k/yr running as an STR and there's already a manager at the building if you want to be completely hands off.Add me and send me a DM if you're interested in submitting an offer on something like this.

. #3) you can usually tell ahead of time  and you can ALWAYS tell with the first response to any answers  #4) what do to with X dollars, which market, which accounting software (my favorite), solar on my rental, etc etc. 

Go spend millions building your own software.