I own a multi-family property near Downtown Monroe, Mi and have been observing a significant increase in activity in the area. Rental rates are holding strong, which is promising for investors. If there are any invest...

It doesn't take long to learn how to spot a good deal.6.

It doesn't take long to learn how to spot a good deal.6.

Better safe than sorry.Changing the number of baths and square footage is going to be an easy thing to spot when it doesn't match what's recorded at the appraisal district. 

Four years ago we saw the writing on the wall on this so I started working with other cities in the area and compiling lists of where STR is legal (and there are plenty of spots to invest in Volusia county that should have great returns, you just have to know where). 

Keep it in the sweet spot.

Add a bike room or covered bike storage on the property's exterior and charge $15 monthly for a spot.

The lake's beautiful setting attracts tourists, making it a lucrative spot for STRs, especially during peak tourist seasons.STR operators in Oklahoma generally need to adhere to zoning laws, licensing requirements, and may be subject to taxes such as sales and lodging taxes.

Also, Huntsville is a great spot to own real estate, congrats! 

You're right, the customer service is the weak spot, but we rarely need it.