New landlords may think that's standard given that the booking and listing platforms are pushing it.

For ID verification, I typically rely on Airbnb’s built-in process, as it’s seamless and keeps everything within their platform.

This metric became popular post GFC, when properties with a 1% rent to value ratio were fairly easy to find.  

Hey @Phillip Austin, With the popularity of house hacking in Denver, especially rent by the room, I think you'd be doing yourself a favor by offering rent by the room property management.

BRRRR was easy to win at when all the books were written and when it became popular.

@Patricia Andriolo-BullStessa is an excellent platform for tracking income and expenses for investors; it is user-friendly.

If you research recent sales you can always provide the appraiser a list of those sales.One of the best ways to insure a higher value is to update the property using materials and fixtures that are popular and common in the area.

During 2022 I had multiple meetings with one of their CPA advisors and gave them access to QuickBooks and Payroll platforms.

What worked for me was listing on multiple platforms - Facebook Marketplace, Craigslist, and even local community bulletin boards.

As someone actively investing in STRs and looking to scale, this raises some concerns for me about the long-term viability of this strategy.I understand the tension between hotels and STRs, especially in popular tourist destinations, but I’m curious:How real is this threat?