I am NOT operating to where a late tenant payment affects my ability to manage my rentals and pay my expenses.

If the property is fully leased and operating well, like your situation, the numbers might not make sense.A few questions to think about....Deferred maintenance or layout issues: If you already need significant updates, the conversion might be a good opportunity to reconfigure the space.

I am a short term rental owner / operator and manage some properties for clients. 

Our property manager mentioned that they cannot collect rental income for one property and divide it between multiple SSNs.Here’s their suggestion: "They are operating a business, and the IRS considers it a partnership.

This can yield high returns but comes with more complexity, like managing operations, employees, and industry-specific risks.

In running the numbers I’m making assumptions about many operating expenses.

•It’s important to know if you’ll have a dedicated manager or work with a team to ensure there’s clear communication at all times.These questions will give you a solid understanding of how they operate and if they’ll be a good fit for your portfolio.Best of luck lining up the right PM team!

It's a great question because it may be difficult to find these operators since they can't advertise their deals.I'm looking forward to seeing who comes up on your listThanks for the questionGino

I have flipped a few houses during covid and remote working times and was fortunate enough to grow up in a family of real estate investors and entrepreneurs which has provided me mentors and exposure to starting and operating a business.I am thinking of starting my own construction/development company in a few years time and wanted to hear some opinions from people who have done it who are outside of my circle.

If you find the right agent - they should be able to connect you with your core-4 and source off-market deals for you that 70 to 80 cents on the dollar.I have some resources I can share with you about the different markets in Ohio that you can take a look at if you would like.