I purchased a new furnace and water heater for another unit.

I also see your point about avoiding bargain basement properties, especially insofar as tax shielding is easier with an asset of a reasonable size.Your point about barriers to entry is also interesting, since I suppose those barriers can be geography (natural boundaries of mountains/water), but you're probably referring to that which impedes future construction?

For kitchen and bathroom remodels, consider contractors who specialize in those areas as they’re often more efficient.

I’m looking to start a discussion on the best systems and tools brokers are using to efficiently run their business.

Quote from @Vince Scipione: In my professional oppinion I feel as though the influx of agents joining the field since covid significantly watered down the quality in the industry.

I'm assuming that this situation wouldn't pass inspection, but one could argue that all the spaces the guests have access to (i.e. bedroom, bathroom) are safe and habitable + the guests wouldn't be exposed to the kitchen.Also, do the city inspectors inspect other parts of the home the guests won't access (i.e. inspectors check the basement for water infiltration even though no guests would ever be living or even going down there). 

What happens if the water service line has to be replaced?

Running water through it? 

Do any of these STR insurance policies cover against fire, water, wind or hail damage.

Water damage is one thing but getting smoke smell completely can be tricky!