Establish some "safeguards" to keep them honest and consistently check their work.

There will likely be local regulations that will dictate the maximum late fee that can be charged.

So, I’d dig into the numbers before making a call.Local zoning and code regulations: Converting a multi-family property to a single-family unit might require permits or specific approvals, so check with your local building authority to avoid surprises.

I am starting my real estate investing journey and have been hitting a wall with the type of entity that I should establish to start my business, such as an LLC.

, but they’re planning to enforce regulations more strictly in 2026.

Often times there are bedroom size requirements, residential sprinkler system requirements, among others.You'll want to then check the state regulation agency and review their requirements and licensing process. 

I use a scoring system where applicants gain and lose points and their total either meets or falls short of my established line in the sand.

Legal and Regulatory Compliance: - How do you stay updated on local laws and regulations affecting property management?

You squire the deal and they dispo the deal to their established buyers.

Is the higher cash flow from short-term rentals worth the additional effort, or does it come with too much hassle in terms of turnover and regulations?