Short-term stays tend to bring higher revenue, but long-term rentals can provide stability.If the area gets strong tourist traffic, STRs could be a great fit.

Feel free to reach out to me or send me an email I can walk you through the basics and go over what is required and what to avoid.

Can you send me a couple addresses of projects that someone completed that fit your model?

I believe it fits your parameters. 

Notion's definitely a good alternative but once you go past hundreds of units, I think Appfolio or Rentvine is more fitting.

in a stick frame market and one of the cheapest markets to build we build with margin at $190 or so a square foot. that will go up over time about 5% or 10% a year to keep up with new build price increases. we are buidling a 3 story walk up and source some of the lowest priced crews.

You're in a great position financially, but if house hacking isn’t lowering expenses or cash flowing, it may not be the right fit.

It is always valuable to be able to walk into a property an analyze cost to repair, it is a huge factor in determining the feasability.

Alternatively, in a QBO Simple Start or Essentials subscription, if seeing profitability by property is important, you could still structure your chart of accounts to reflect each home, though your P&L will be a bit more lengthy & harder to digest.If you have any questions, feel free to reach out, happy to walk you through the pros & cons of QuickBooks options!

On the other side of the spectrum you have the investors posting in these forums about the contractor who walk off the job and shares how they hired them to do a SFR gut reno with updating mechanicals, new roof etc. for $45k and is wondering why they are running into issues.