Maximize cash flow, attend meetups, avoid over-leveraging, and build reserves.

This strategy, however, carries more risk and requires market knowledge to avoid unexpected costs or longer holding periods.If you want steady cash flow, go with the garage conversion.

The bathroom tiling can be done before or after the rest of the floors and simultaneously during other portions of the rehab to save time - you should measure out and plan that your two floorings that meet are at the same height to avoid the inevitably ugly and clumsy transition piece.

Hi All - I know that in general it is a good idea to avoid HOAs for STR/MTR rentals.

Avoid the c/d neighborhoods, they are trash and difficult to efficiently operate in.  

Let’s work together to offer genuine support and insights, rather than fueling unnecessary drama.Agreed?

By making sure that (1) the investors are aware of this before investing (and not just by putting this on page 32 of the PPM, but by conversation and email trail), (2) that the investors have a certain minimum net worth and or income (and not just by SELF certification), and (3) that the investors don’t put all their eggs (investment $) in one basket(loan participation) we avoid all the drama when the inevitable one out of ten or twenty investmemt doesn’t work out as planned.  

Then if they need to redeem, they use that money to do so to avoid selling assets.

In general you want to be above the mid price point to avoid the lower tier tenants that require more effort, have higher delinquency rates, higher eviction rates, and often higher tenant flip costs.  

I believe a host profile with a face and a name also helped us avoid negative reviews, as guests are less likely to criticize an individual than a company.