That way, you’ll have control over the operation and might be able to squeeze in a few extra bookings to pad your numbers.

I do however agree with you that there’s no one size fits all approach and depending on the type of business that’s operated and location, the correct strategy may vary. 

After operating 1 rental for 2 years and another for just a few months, I just got notification from the code enforcement at my municipality (whom I had visited in person) that I didn't file a paper correctly and fines are possible.

I'd make sure to review your operating agreement to ensure compliance with the legal statutes of your specific LLC and partner buyouts.Happy to help you work through any of these situations.

It's rare to a get a nonrecourse DSCR mortgage without approx 50% down and a ton of credible operating history.

Ask questions about how they operate, and include your specific questions about deposits, in-house maintenance, etc.I think you'll discover that you got lucky and found a professional company the first try.

I own/operate over 150 units in Pittsburgh and you can find every sort of real estate investment play here.

Many actually operate their real estate businesses more recklessly because of this false sense of security.

How did you make an Operating Agreement or did you decide to call on an attorney?

Would love any input here.Thank you.Hi Anita I specialize in STR sales and operations out on the OR Coast..oddly when clients don’t find what they’re seeking or are priced out in the coast several have purchased STR’s in upstate NY.