Quote from @Kenji Van Thuyne: Start with BiggerPockets Ultimate Beginners Guide (free).

We negotiated directly with the seller, leveraging our experience to agree on a deal that provided both parties with value, ultimately leading to a smooth and profitable transaction.

Ultimately, I think you should go through with the renovations and increased rent.

If you still promote them on your platform my opinion is that you need to encourage them to work on their communication skills towards the customer...

I went down this road a few years ago and ultimately landed on an out of state market for STRs (Maine).

Ultimately I support whatever he decides, but we aren’t in the real estate industry most of the time.

(this ultimately depends on what a "SPACE" is in the first place)....

The carrier may issue a "reservation of rights" letter and ultimately deny indemnification; but generally they have a duty to defend.   

These booking are often not made by your eventual resident, but rather they may be made by some harried assistant who ultimately has the power to choose where the "VIP" stays.

My ultimate life goal revolves around investing in communities where I can actively contribute to the flourishing arts scene.Lately, I've teamed up with a group of like-minded friends and investors 🤓, and together, we're embarking on a mission to acquire properties in out-of-state markets that are closely tied to artistic hubs.