Plumbing inspector came back out and said he will not fail me but is only requiring the Engineering Report for the foundation which me and my plumbers have supplied him.

It's very interesting that our laws which now encourage ADU production as a means of supplying our communities with more affordable units include these provisions that discourage and dissuade investors from taking on this kind of Jr.

We still handle guest communication but we have a cleaner on staff who makes maintenance/repair requests and handles supplies and orders.

Love the feature that allows you to copy the url of the supplies/materials to the material input form which automatically fills in the price & relevant info for the supplies is awesome. 

This comes largely because of high demand, limited supply, and favorable property purchase prices in Kentucky.

I find the deals, negotiate the deals, plan and oversee the rehab, get supplies, coordinate for utilities, and have did a lot of rehab work on the properties over the years.

Markets like Reno, NV and to some extent Vegas will continue to have housing supply issues that will drive appreciation and increase rents.

Unless you are doing all of the maintenance yourself, figure about 5k yearly for touching up paint, repairing misc. items the guests break, bikes, kayaks, BBQ grill, pool maintenance, lawn service, pest control, replace TV remotes every time someone checks out. 

I think its typical to see 95-110% TIP just matters to me who is actually supplying the money to pay that interest .

BP, I’m trying to understand the Providence, RI market, specifically focusing on the supply and demand drivers of the multifamily market.