We placed our biggest bet on a single property, class B shares.

Search for properties in your area as if you wanted to find a place like yours.

I would review your management agreement but the only one that seems out of place to me is 8% for the water bill

I have some clients who prefer to have a PM for maintenance/contact/rent collection/general management and will place tenants and write leases for themselves in exchange for a reduced rate.  

@Phillip Austin someone who obviously should not rent but buy themselves a brand new house. what was their previous place?  

Bigger Pockets is a great place to find a real estate tax accountant.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

There’s no real reason to jump into another market unless your goals shift and your current market doesn’t fit anymore—or if the market itself stops producing the results you need.Mastering one market and squeezing every opportunity out of it is a much better play than spreading yourself too thin and getting half-baked results in multiple places.

It is a great place to invest! 

We have over 10,000 nightly stays per year so its hundreds of guests at any given time and yes we have PMS and automation systems in place as well as a VA but even with all that being a host is tough.

I'd say at least 75% of the time, we have a purchase contract in place and our inspection completed before the previous property even closes escrow.