Had I gone to the city, I would have known that the house was built without a permit, and that to be able to renovate the house I would have to appear before the board of adjustment of the city.6) Most importantly, the current New Western business model does not afford new investors time to do their due diligence on a house.

They take historical data/analysis and run it through a model....

I feel you need to get by the work you have put in plus your value added material and expertise.

Not quite sure PM is handling the situation with expertise either. 1.

I am by no means proposing this, but just as Medicare premiums, Required Minimum Distributions (RMDs) from retirement accounts, and contribution limits for IRA/401k accounts are adjusted for inflation, would it be fair to suggest that rent increases could follow a similar model to ensure that both landlords and tenants are treated equitably?

As a model, Techvestor syndicates (uses investor funds) to acquire, fit-out and operate short-term rental properties for profit in select markets across the US. 

Because then you would lose your expertise of yours.The cost, is always manageable when you yourself as the manager of the house. 

There is nothing wrong with passing on properties that don't fit your model. 

My first property the cash did all come out of my own pocket but going at that model itd take to long to get the second.The second response by Nicole is kind of more what I was trying to get to, I just worded it wrong. 

Licensed in multiple states and looking to replicate this model in south FL.