For what it's worth, some ideas I've seen pitched are grocery bundles (e.g. a breakfast bundle for 2-4 people with eggs, bacon, bagels, cream cheese, and OJ all pre-stocked in the fridge), meal kits, a pre-stocked drink fridge, charcuterie boards, premium coffee selection, bike/e-bike/scooter/kayak/canoe rentals, video game consoles, upgraded work-from-home office amenities (e.g. oversized computer monitor), etc.I'm not a lawyer, but cocktail kits, bottles of wine, local craft beer, and other alcoholic items seem like they would fall into a grey area from liability perspective. 

It would be good to connect with a local agent that has relevant experience.

But as an aside, crime stats online, when you have never been to an area, aren't going to be very relevant.

Peter - I would start by reading a few multifamily underwriting books and watching a few underwriting videos on YouTube.

I have watched several discussions, including David Greene's video, around the recent lawsuit against NAR and RE brokerages.

@James Wise The owner of Holton Wise Property Management (a very large very well respected property management firm in Ohio) has tons of examples of this on video on his website.

Aside from the risks I mentioned, there is the increasing competition and ST rental income is never truly turnkey or passive income, even if you use a manager.Even for you, if you sell for $1.75 million, all you'd need is to reinvest the proceeds of the sale at a 12.5% to make $220k so the relevant return is 12.5%, not 23%.

Especially the ones in the mountains, she would go video the properties for us, which was very helpful to not have to drive out to get a feel for it.

You arent going to estimate anything from a video .

We're in 2024 so I'm not sure in what looking at what happened in the 1990s is that relevant, when circumstances have completely changed.