- I would have regular check-ins to make sure the property is being cared for and not destroyed.

The custodian will check on the property/tenant every week to make sure everything is taken care of.

It sounds like you're in a good position to evaluate your options carefully.

Rental prices for a 3bd/2ba/2cg home 1500-2000sqft can easily range from $1,800-2,600 per month. 4) Major employers in Central NM include Sandia National Labs, Los Alamos National Labs, Kirtland Air Force Base, FBI, US Federal Government, State of New Mexico, ABQ Public Schools, University of New Mexico, Central NM Community College, Presbyterian Healthcare, Blue Cross Blue Shield, Lovelace Healthcare, UNM Hospitals/Cancer Center/Level I Trauma Center/Regional Medical Center, Netflix Studios & Film Industry, Solar Panel Manufacturing & Renewable Energy Industry, Meow Wolf, Amazon Fulfillment and Distribution Centers, etc.

Analyze potential rental income versus expenses carefully to ensure the property will generate income from the start.

I can imagine a juicy well taken care of property would not be up for grabs from another landlord.

I told the manager I've managed a portfolio of short-term rentals and that my previous landlord allowed me to do it and loved that it created an incentive for me to take exceptional care of the property.

As an owner, I just want to know that the manager cares about my property almost as much as I do and is going to want it to be successful.

It's SO SO important to be careful of personal use with STRs!!

Talk to lenders, but to be honest who cares if it is over 800.I've had over 800 and over 750, lenders typically provide the same rate as long as it is over 740.