I closed 2 weeks ago and already had my first guest!

They are having their convention in DC this weekend and hope to hear back next week.

Just last week, I closed on my first multi-family property, and I’m scheduled to close on my second next week.

It does well as a vacation rental, and we live on the island several weeks a year during off-season.

I'm having contractors over the next two weeks to see the project and bid on it. 

Often residents want to move in within a couple of weeks and it takes time to get all the information together to get everything accomplished in a timely manner.

We will have tenants for 3-6 weeks following closing so theoretically we could insure on a traditional policy in the beginning, as it would be much cheaper.

Will hopefully revisit in a couple weeks when I have better clarity from the folks.

This data is for Allegheny County only and is tracked on a weekly basis.

I am about to submit to the IRS my log of 500+ hours working in the STR business, most of which come from communicating with guests, cleaners, maintenance people, Airbnb, VRBO, and managing supplies, shopping, bill paying, pricing, calendars, all the daily and weekly tasks.