There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

Hey @Laura Sawicki, I second @John Underwood's comment about getting the actual Schedule E from the owners to validate all revenue that was reported to the IRS.No way I would rely on just a report they provided.

You can reach out to them on Airbnb/VRBO, a lot of cleaners do that to us by sending messages on their platforms, however if they report you they make kick you off. 

You'll get taxed on the $200k, if you just buy the property for $300k you aren't reporting an absolute ton of income. 

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

We want to push that number higher.Redfin  reports an NPS of +50 , reporting that it’s score is “...50% higher than competing brokerages.”Only 1.2% of customers have left a negative review. 

The thing that I don't see getting talked about much is the on going reporting requirements for property financials and borrower financials. 

Not a collection agency, but have you considered using a rent reporting company to report the debt directly onto their credit reports with the Credit Bureaus? 

Meaning, can I receive a weekly report of what is going on , as we will properties?

If your short term rental is advertised on a platform not doing this, then the operator must continue to report and pay HOT directly to the city every month.