Here are a few of my top tips for making your property pet-friendly:Research local pet fees: Ensure your pet fees are competitive while still allowing you to cover potential wear and tear and make a profit.Set a pet limit: Specify the maximum number of pets allowed on your short-term rental platforms and highlight this in multiple areas of your listing, including your property rules.Provide pet essentials: Invest in items like a large dog crate and pet food bowls for guest use.Create clear pet rules: Share these rules with guests during check-in.

Automating your savings and investments helps too, ensuring that you're saving consistently without having to think about it every time.

This approach will allow us to increase occupancy while minimizing additional expenditures and ensure a better overall condition for prospective tenants.Strategic Plan: Sale of the x ApartmentsOnce the sale of the x Apartments is complete, we will retain ownership of 7 units within our portfolio.

Ensure you keep separate bank accounts and records for liability protection. 

I have a house in Toledo, Ohio that I’m trying to get over the line with section 8 inspection.My contractor (who I know and trust) did significant work to ensure the house was up to code.The first scheduled inspection was cancelled by the inspector stating there were too many deficiencies, I endeavoured to reach out for details of the deficiencies but was met with silence and unable to get any info.The second inspection came back with a list of 18 items, some of which I consider petty, such as a small groundhog hole in the backyard.She is also asking for “Front attic window area and front fence needs a full house lead clearance examination by a licensed lead inspector “.

You’ve already experienced a stressful beginning to the year with turnover and vacancies, so ensuring that any new investments won’t put you back in that situation is crucial.Another thing to consider is your overall strategy.

Although this data does not demonstrate causation, it indicates that Houston is amassing data to bolster its upcoming regulations and ensure they withstand legal challenges, mirroring the successful strategy employed by Arlington.As Houston steps into new STR regulations, now is the perfect time for STR operators to craft a proactive strategy, ensuring readiness and resilience in this evolving market.Lee Hampton, Builder | Developer | STR Operator | Former P&Z Commissioner

I don't think your second idea is bad to ensure things are found and documented.I ended up qualifying for a SBA disaster loan that helped when FEMA would not do anything since my properties are under a business.  

Ensure you work that into your expenses when underwriting.Answering your questions:Experience - Location is really your main driver here.

My focus has always been on growth, and now that I'm in a position to make some moves, I want to ensure I’m making the right decisions without overlooking key factors.By the way, are you multi-state licensed or able to help with properties in Utah, Nevada, and Guam?