Just like you said with most real estate agents as well - many are incredibly lazy, unfocused, or just simply have no idea what they are actually doing.

Most lenders will try to steer you away simply because they don’t know how to do them.

Simply switching the right refis on or off you can see NOLs accumulate or deplete and the impact on returns. 

A good PM should be on top of this and not simply ride out the market shifts.Technology & Reporting: What tools do they use to monitor guest interactions, maintenance, and property performance?

If that's stopping you from entering REI, then you really need to analyze what your priorities are.

Like others have said, you don't need an LLC to get started with STRs.If you own a single unit or even 2 or 3, simply make sure you have the best insurance to cover any issues as well as an umbrella that can cover any excesses.Plus the major key will be maintenance.

On top of that you have operational inefficiencies that local investors simply don't have.Some of the absentee (OOS) slumlords are giving all of us property owners a bad rep here in Milwaukee.

They do not know the entire story, so the rates and terms offered are just simply teaser rates to make you interact with them.

I would simply record things when they actually happen FOR YOU.

I realize each broker her their own which I am happy to sign but I haven't seen this before and gives me pause simply at the perpetuity for 2 years.