Ensure it's properly tested and abated if necessary.Ignoring CMHA Guidelines: Pay attention to local requirements.

In the future, getting everything in writing and ensuring full transparency can help avoid these surprises.

I was thinking $100k because I'm imagining all kinds of capex expenses coming up and want to ensure I have enough reserves to handle them. 

It's supposed to ensure there are no surprises after closing.

This ensures any future equity gains benefit only you and allows you to control the property fully.Buying a Third Home: Using proceeds from the rental home's sale to buy another house hack and renting out your current home entirely could generate substantial rental income.

This ensures proper cleaning/sanitation and that the unit is move-in ready. 

Ensure major decisions are made jointly.This setup balances the partnership and fairly rewards both contributions.

I would love any and all feedback on the topics and frequency of these messages. 1 Week from check-in:- Thank you again, welcome- Ask about reason for visit- Directions- Attractions in the area- Any specifics about checking in our finding their property (apartment type single family structure can get confusing for first timer which suite)- Parking Instructions- Ask for any questions we can answer ahead of time- Provide contact number if need direct contact1-2 Days Out:- X number of day reminder, excited they are joining- Ask for follow up questions- Video instructions on how to find their suite/apartment (link to video player)- Check In instructions- Wifi instructions- Parking Instruction reminder- Google Map and Apple Map links for their phone GPS- Contact number reminder for their stayEvening of Check-In- Ensure they're settling in- Confirm we want them to have a 5* experience- Contact number reminderMorning of Check-Out- Thank them for staying- Ask for feedback on how to improve amenities onsite- Check-Out Time- Check-Out Instruction2 Days after Check-Out- Thank You for staying- Ask for rating on booking platform- Offer Loyalty discount for return stay- Ask for Referral

Ensuring that you have, and continuously maintain, a safe property for guests, is barely even an afterthought for most STR investors.

Like all aspects of investing, the most important step is to do your research on the home and tenant.Review their original applications to ensure the current residents meet all qualifications.