Also, very important to consider whether your cleaning team is comfortable with maintaining the hot tub and balancing the PH between each guest.Our cleaning team empties, cleans and refills the water between each stay.

Focus on saving for down payments, cutting expenses, and maintaining good credit behavior.

The purpose for setting it up as a STR was simply to help defray the cost of owning and maintaining the property, but again we feel that the time we put into it is taking away from our quality of life with our family/kids.We're looking for advice on what to do with the property.

i currently own a duplex and have been land lording for 18 yrs. i have found a potential investment opportunity  30 miles away. it is located in a community slated for substantial growth over the next decade due to the current construction of new semiconductor manufacturing facilities. the property is a 24 unit apartment building. supposedly it historically maintains 95-100% occupancy and has a waiting list. my question is what documentation should i expect the lenders to want?  

Furthermore, maintaining rigorous property management practices, keeping thorough records, and implementing robust tenant screening procedures can also mitigate risks.

They are also simpler over the life of the unit to maintain because there are just three main components instead of four(+) with HVAC.  

To thrive in real estate investing, you must maintain a firm grip on your finances.

This leaves Open the opportunity to sell the trailers to the current residence along with responsibility for maintaining them and just overall leaves me a lot more freedom with more options imo.

This may include examples such as maintaining the landscape, a minor plumbing repair, doing shingle repair on a leaky roof or painting a few rooms between tenants.

Month to month leases are a great way to maintain control over tenants who are possible problems. 30 days notice is all it takes to get rid of them.