I'm not looking to create cash flow, replace, or supplement income, so as long as the place isn't hemorrhaging cash, I'll be fine with it.My 'ask' is to connect with folks who own or manage any STR / MTRs in the vicinity in the hopes of just getting more knowledgeable about the local regs, different communities, etc.Thanks!

Residential MLS: 3665787Active List Price: $129,900 907 School Ave, Cuyahoga Falls, OH 44221 Sold Price: Area: SUM04-Cuyahoga Falls(West) Twp: List Date: 11/05/14 Subtype: Single Family Subdiv: List Date Rec: 11/05/14 Parcel ID: 02-17318 County: Summit Off Mkt Date: Open House: Closing Date: Supplements: 2 Exp.

This is a great strategy to quickly build up cash flow to supplement your income.

I am a coffee drinker however I prefer my own coffee (never can get the right mix of creamer and sugar) so I am not sure where you would like to meet to talk .

There will always be something.Not trying to sugar coat it. 

Here is what I proposed:Setup fees : Administration Setup:One Time Fee: $400Guidebook: Using professional photos give the guests a professional tour of the house and how the home works (Wifi passwords // How to use grill // How to use propane fireplace // Hot tub instructions // Sauna instructions //Check in and check out instructions //where extras may be storedOTA (Online Travel Agency) setups: taking professional photos and actively updating your listing on popular platforms;PMS (Property Management System) Setup Smart Pricing Set upWebsite integrationOther (furniture arrangement / design / décor shopping and set up) $50 per hour· Placement fees · Marketing Cost: Variable depending on needs/wants for marketingFacebook AdsGoogle Ads Cleaners: Set up procedures/take pics of expectations· Management fee—30%Guest communicationCleaner communicationSetting Rental rateDealing with small maintenance issuesBooking CoordinationSmart Lock integrationKeeping supplies stocked (TP, paper towel, all cleaning products, coffee, filters, creamer, sugars, teas,)(Receipts would be submitted on a monthly basis for either reimbursement or book keeping purposes)Encouraging guests to leave good reviews by periodically checking in, providing a review template, and ensuring guests receive the amenities they are looking forContinued marketingMajor Maintenance fees—OwnerCleaning and laundry services fees: Cleaning fee to the guest depending on how cleaner wants to charge

This allowed me to supplement my real estate cashflow. 

I will raise steady income with an engineering salary and supplement that income with REI until it’s at the point where it’s more like my salary is supplementing my REI income. 

Hello BP members, I live in a SFH close to Sugar Land area in Houston TX, and I'm looking to rent two rooms out of a single family home I currently reside in.

This would be Northern New Hampshire in either Franconia or Sugar Hill.