It establishes a base that's $40 lower, which all future rent increases are based on. 

I could see fully comping 1-2 nights at low season rates, particularly if one doesn't have a lot of reviews yet, but would you, as an established host with tons of reviews, comp a full week or more of a prime season stay? 

In more established markets like Austin or Omaha.. from what I’ve heard in Bloomberg, guests value transparency as much as good rates.

Quote from @V.G Jason: Quote from @Jay Hinrichs: The mindset of cash flow is everything and appreciation is just luck or gambling or whatever these folks say is one of the worst mindsets I see on BP.

If you don't have at least 2, work towards that.Business Credit - once you have some established credit, you need to protect it! 

Hi Shakti, As a lender we do work with US-visa holders as long as they have an established credit score in the US.

Eliminate debt, establish a budget, and save.

What makes it tough in the beginning is your rental income is not established so you need to be able to handle the debt not using rental income. 

After establishing or continuing it as a rental, I'd like to move there myself for at least half the year.Question: What are people's general opinion on PR in 2024?

- regional / drivable destination (I've personally rented out a bunch of Airbnbs here)- already established STR laws (while very strict, they have shown to grandfather in permits and haven't proposed a flat out ban that would also retroactively take away permits)- Fredericksburg also fights new hotels just as hard as STRs.