Ineffective or Absent Conflict Resolution ProcessEvery successful group of people needs an effective conflict resolution process characterized by:simplicity to understand and remember;quickness to start and complete;a clear vocabulary.My company, Livingsmith uses and recommends the 5-on-5 Process for conflict resolution in co-living homes.2.

Furthermore, if this is not a property where meaningful appreciation is expected in the near future I would recommend selling.

👋I work with a lot of investors who are diving into short-term rentals, and I wanted to share a few tips I’ve picked up over the years that can really help maximize ROI.

Below is some copy & paste info about our methodology:----------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

What I recommend people do is tell the lender ok great I am going to want to use my own title company to close this so funds would go to them.

Any tips/tricks would be greatly appreciated.  

This is when you hire a staging professional or staging company to come in, make recommendations, and do the work for you.

I specialize in STR & Co-living concepts, which I recommend for the highest rental income potential! 

Any recommendations for property managers in the Sacramento area? 

I would recommend leveraging the BP forums to connect with existing syndicators.