The biggest mistake of my life was not keeping 50 or so more of the 500ish I flipped, MASSIVE mistake.

Make sure the policy covers not only accidents on the premises but also any potential caregiver liability.Staffing: Staffing can be both your biggest challenge and your greatest asset.

The biggest thing I would tell you is that as long as you build a strong CORE 4 you can invest anywhere.

Excellent communication can make or break a relationship.Tenant Screening Process:One of the biggest headaches for landlords is problem tenants, and a good property manager should have a thorough screening process in place.

Requiring xyz% of new housing to be affordable....find me the studies that indicate this will actually lead to housing affordability....eliminating the 10 year tax abatement that unlocked revenues that are 10x what the city of Philadelphia would've collected on many parcels that would never have been developed if not for the 10 year tax abatement etc.....

@Patrick Liska certainly growth rates can be input yearly for the key revenue and cost lines.

I would say the biggest factor though would be scalability.

We really like that this maximizes revenue with out having to turn a units 8-12 times a month. 

Hello all,I have been contemplating getting a vacation rental but biggest issue would be financing.

I’m considering purchasing a rental property or two in the Dallas area to use as a STR revenue generator and get my feet wet for some passive income before I retire.