Established brands will generally have the nod over mom/pop as noted.

@Akku Kumar, I recommend establishing your budget first.

Everything could be managed remotely but you still need a person to inspect the property every month or more frequently during stabilization and less frequently afterwards.Being a small-sized but with well established and automized STRs gives a better service comparing to middle size where you are just another client.

My financial advisor is boutique and is connecting me to private lenders which sounds promising but who knows their appetite.

Establish better future procedures and enforceable protective language in your lease.

Be careful though because with your salary there are lots of ways to be taken advantage of like life insurance and expensive advisors etc.

Consider adding features that support a communal and supportive living environment.This is a good start, as renting properties to sober living homes in Colorado involves thorough preparation, understanding legal requirements, and establishing connections with reputable operators.

We dont deal with one off JV folks we only look for those that I can establish long term repeatable business with.

Setting up automatic payments for recurring expenses or using online bill pay services can help ensure that bills are paid on time and reduce the risk of missing payments.Overall, the key is to establish a consistent process for tracking and managing expenses for each property/entity to effectively manage your funds and ensure that expenses are properly allocated.

Do we have a meetup established?