Who gets blamed for and/or has to handle the following unique to nonfamily roommates:1) Missing personal possessions?

Would love to chat or get together with others in the Greater Manchester NH area and see if we can help each other or learn how and where deals are getting done.

While you are at it, put the next person on MTM to create some equity in the contract when you have problem in the future.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

First person I hired, I also had them write their own job procedures and so on.

You seem to know a lot about STR, could I "connect" with you to maybe learn a bit more about it?

. $50 per bedroom, so a 4-bedroom house will cost you about $150~200consumables - bathroom supplies, kitchen supplies, beverage supplies: $20~30 per week, depending on how much you providewear and tear - towels, linen, kitchen utensils, some furniture: $1000~2000 per yearRepairs/replacement for things that guests break or steal:  $1000~2000 per yearAlso, if your personal use is less than 14 days a year, the entire property's expense is deductible against STR income, but if you use more than 14 days, then you will have to calculate the proportion of how many days it's rented out vs how many days you or your family uses. 

As you're just starting out in Austin, focus on learning the local market, particularly areas with good rental demand and lower entry prices.

I personally offer my guests free access to Netflix, Hulu and Disney+.

Quote from @Amanda Dobbs: Is there a place to find Private Investors as in one person?