We only found out that early in the lease because of several maintenance issues shortly after the tenant moved in and we have had to go back and forth with the owner for monies to pay certain invoices.

We also started repeat visiting Chincoteague, VA annually, and so decided to give another STR run here.

In turn, you would raise the annual NOI.

I'm hoping to see more of this and praying it gets passed bc we have 2 strs in Hot Springs that have been slapped w/rediculous annual fees and investment hindering regulation.

Third, is that inspectors will often give information about how a home functions and helpful tips for maintenance.

@John SteffenInvesting in house hacking or purchasing a primary residence for rental can be challenging due to affordability, vacancy fear, high interest rates, maintenance concerns, and location analysis.

You only need a place to track tenant information, payment history, maintenance, etc.

- Initial paperwork and chasing overworked caseworkers to process it, so tenant can move in- Helping the tenant complete & turn in their required paperwork to start the lease- Annual S8 inspections, which tenants often make difficult to schedule- Dealing with silly maintenance requests because tenant too lazy to change lightbulbs, etc.- Getting tenants to agree to rent increases and turning in all the required paperwork to caseworker, then, you guessed it, chasing them to process it- Dealing with the tenant's "entitlement attitude" that they don't have to follow the terms of the lease, so they move in other individuals and/or get pets without permission.So, a good PMC will charge something more to manage a S8 tenant/property - either a higher percentage or a one-time or annual fee.

The risk seemed zero, but it still happened (city poor maintenance played a role).- because people should be compassionate.

Annual savings is $2797 and lifetime savings of $84KIf you kept making your same mortgage payment, you would be paid off in 24 years.