Also @Tim Phillips something to be aware of in FL, all condos older than 30 years and taller than 3 stories are required to have a "Structural Integrity Reserve Study" performed before the end of this year.

(Not to make it an Eminem song, but we ALL only have one shot on this rock)...Have you thought about getting rid of the headache ones and then concentrate on the ones that are performing well?

Also, buy the properties that you would want to own the most 10 years from now...not the best year 1 cash flow performer.

A lot of how a property manager performs will be how nice your property is, how realistic your rent amount is and the area the property is located. 

This is especially important for those looking to scale their short-term rental portfolio.Property Appreciation: As short-term rentals continue to perform well, properties in popular neighborhoods are seeing strong appreciation.

They generally do not do this because either they are not aware of the changes or the loan is seasoned and performing so they are deliberately turning a blind eye.

You can pursue a judgement against the property owner for non performance under the loan agreement terms which would come up on a title report when they go to sell or refinance the property since a judgment search would be completed against the seller but that takes time and money.

For me, the rent covers everything and allows the property to perform. 

I advise clients not to solely rely on AirDNA data for performance analysis as there can be some variation based on amenities such as hot tubs, premium decor and design and general operational excellence. 

Hi all,I’m just getting my feet wet with Real Estate investing and currently taking online courses on the investment process, principles of calculating returns, performing market analysis, analyzing cash flows and the different types of investment opportunities.