I have seen they have been pushing RentRedi a lot on the podcasts lately and I fell victim to their marketing tactics and checked them out.They seem to have fairly reasonable plans ($9/month for year plan) and offer a variety of features but I am still confused why someone would pay for property management software when there are so many free alternatives out there. 

Define your investment goals, familiarize yourself with related terms, evaluate your financial situation, begin small, investigate markets, establish investment standards, cultivate professional connections, carry out exhaustive due diligence, investigate funding alternatives, and determine whether to manage the property on your own or by hiring a property management company.Decide what you want to achieve—stable cash flow, long-term growth, tax advantages, or all of these—and dedicate some time to learning about them by reading books, using the internet, taking classes, and attending seminars.

What is also very common is to charge a more aggressive security deposit or do a regular security deposit plus a monthly Security deposit alternative on top of rent to ensure you are properly Collateralized.

The market needs alternatives to the OTAs and they're already set up and established - if they would just make some basic improvements it would help everyone! 

Private investment funds allow you to invest alongside a small group of other investors, while REITs offer publicly traded stocks that represent an ownership stake in a larger pool of properties around the world.Commercial real estate has always been considered an "alternative investment," but it is fast becoming more mainstream.

Consider alternative exit strategies, such as converting the property into a long-term rental or selling to an investor.

Alternatively, I could go with a custom design; what should be a ballpark price for all architectural and construction related plans?  

Do the math and think about what is the alternative use of the capital you can deploy from your current investment? 

There are alternative way to essentially do the same thing as a wholesaler, but you are licensed.

***alternatively i could have:*a king bed in the master bedroom*a queen bed in one bedroom*a bunk bed in one bedroom (or other)*the queen memory foam pullout sofa in a bedroom-sized nook elsewhere in the house.this would be a 3 bedroom that sleeps 8 thoughts?