Wait until the government wipes out your business and livelihood with unconstitutional laws in the name of "public safety."

There is aircover which essentially is guest damage insurance but it's an absolute pain to deal with and get money out of Airbnb.

Essentially, each property owner has two accounts, one in USD for rental income, property management transactions, and commission paid to me, now the other account is in a foreign currency and deals mostly with the rental expenses and transfers from their USD account to cover these expenses.Any suggestions would be greatly appreciated!

Long-Stay Rentals give legal safety but not as much money.

Essentially delaying the eviction and costing us additionally vacancy. 

Hi Nina.If I were not experienced in land lording and property manager, I would look personally to the extent you want to learn or experience property management versus hiring someone else that you trust to do the job.Yes, the cost for a property manager is important but not essential- the cost between property managers are not double or triple the cost of others (say like attorneys in some areas of law or cars). 

I found something I am interested in and the numbers look good all around but my main concern is safety as the southern part of Bloomfield does not seem to have the most stellar reputation.

In one case I converted the detached garage of a SFH into a legal ADU essentially converting it into a duplex.

Flipping houses can be profitable, but it's essential to understand the tax implications:1.

However, it's essential to work with a knowledgeable lender and ensure the property meets VA requirements.