It was heartbreaking when we’d send them leases showing rent was $550 from their POS rental after they were under the impression and “getting” $850 month from the “freshly renovated” rental from ocean pointe.

I might stay away from self managing in my first deal and rather focus on raising funds and managing the investment. 

I stayed at Eagle rock recently and loved it. 

Unless you monitor regulations full-time, staying compliant is nearly impossible—and a single mistake can cost more than years of property management fees.Properties don't pay rent—tenants do.

You will end up getting a list of GC's to stay away from too. 

There were some years ago when buyers would just take over the lease and that is it, the value stayed the same and it was transferred in escrow to the new buyer if they qualified. 

This sort of deal could go south very easily and for that reason I stayed away.What would you do? 

Build yourself a Google business page, make yourself easily bookable on Airbnb (did you know that 25% of nights booked on Airbnb are for 30 day stays and more? 

I charge a premium and as such, expect things to be a bit nicer and feel okay saying no discounts for people shopping for discounted stays as there is a reason I charge more than my competitors.  

I was wondering if anyone here have a clause they use to bill the tenant the sewer utility as some form of additional rent.You should have in your lease that the tenant is responsible for all utilities (this would include sewer even if it has to stay in the owner's name)  Sewer bills come out once a year here (except some Town municipalities where they are billed monthly)  We add them to the tenant ledger and the tenant reimburses.If that isn't spelled out in the lease you'd need an addendum to include it or do at renewal.