Newsom signed that order post-LA fires making it illegal to increase rent beyond 10% in those areas impacted by the fires (one source: https://www.washingtonpost.com/business/2025/01/25/la-county... )If I understand you correctly, you're saying that PriceLabs is behind the increase in rates for your properties, taking them to either 10% or beyond of an increase which I'm sure is something someone on their board or engineers must be aware of- as an issue.

A standard "business owner's policy" is fine -- it covers the building, commercial general liability, and ideally, loss of rent. 

I think there's a pretty low bar for competency in the management business because it's not glamorous and can be a grind.

It’s a gem for insights into running and expanding a business.

Just don't forget that this is a cashflow business more than an investment.

Send me a PM - our business specializes in designing flips and STRs across the US!

I'm not sure why that metric has held true but it still applies, the properties that perform well above that ratio are the owners that treat their STR like a business.

It's too much like the hospitality business rather than a rental. 

Busy street 2.

Little did I know even on the brand new wires he was running, he was twisting them together with no junction box!