If she wants paid for canceled appointments, then I would suggest you look for a new cleaner.My policy is to keep all funds if the guests cancels within two weeks of their stay, unless I'm able to rent to someone else for the same period/rate.

I will suggest you plan to House Hack a Duplex or Triplex or Fourplex every year for the next 4 to 5 years and you will thank me later.Goodluck man and keep us posted on your progress!

That's all I was wondering.

I have some additional capital put away to convert the garage into an ADU to create a Mid-Term Rental but was wondering if it would be a better ROI to use that capital to purchase another investment property?

I wonder if calling the police for such a short stay would have worked too?

I wish you all continued success in your real estate journeys and hope you have a wonderful holiday season.Best regards,Rob

When I maintained my position that I wouldn't be paying 10K up front, Dmitri then insulted my section 8 investing knowledge and suggested that if I wasn't ready to move forward, then it was because I didn't understand enough about section 8 to begin with.

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

Normally, as @Jaycee Greene suggests, you make a management fee plus a split of cashflow with investors (oversimplified explanation).

Industry experts suggest the current uncertainty creates ideal investment conditions for those willing to enter the market.As we step into 2025, we wish our valued readers prosperity in their investments, clarity in their decisions, and success in seizing the opportunities ahead.