I gave them a 90 day notice that I was going to sell the house and they would need to vacate after 90 days.

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

I've been on both sides of the scenario (majority POHs, majority TOHs) and I've noticed a difference in management demands.That said, there is MUCH to be said for gaining experience and learning to "rig it right," so it operates with better ease.  

Zoning varies, so always check the local regulations for your specific needs.Financing: While cash purchases are common, financing options are available through local banks and credit unions.

Hi Leo, I noticed you're interested in the Midwest market.

Some common paths are single-family rentals, multifamily units, house flipping, or short-term rentals.

it will be an education.The overall recommendations for an attorney are still valid, down the road have on ready and have them send the notices? 

The plus side is the airbnb supply has fallen and we have noticed a HUGE increase in our gross STR rents, roughly 20% higher then a year ago.

Tax delinquencies, Eviction notices, and just driving for dollars.

I would go to $1,050 in year 1 and $1,250 in year 2 (or something similar) and provide ample notice.