You would now be free & clear of any debt service and the expense impact of such.

Hi @Gisele Sood, there is a mix of free and paid services that can help you retrieve the data that you seek.To gather data on tenant demographics and property demand, consider these resources:Census Bureau & City Data: Offers insights into local demographics, income levels, and household types.Zillow, Redfin, and Realtor.com Market Insights: Check these platforms for property demand trends, popular property types, and renter data by area.AirDNA & STR Insights: If considering short-term rentals, these provide data on occupancy rates, guest demographics, and property preferences.CoStar & REIS: Paid services that provide detailed market analytics on rental demand, property types, and demographic preferences.These sources can help you understand tenant needs and property demand in your area.

Having a good team can make a big difference in fixing up a property, avoiding hidden issues, and saving money in the long run.I recently found SureBuild Restoration – they offer a lot of home restoration services and seem pretty reputable.

Pet, ESA, or legitimate service animal, it doesn't matter.

My husband and I started our property management business about 18 months ago and absolutely love the service and peace of mind we are able to provide to clients.Percentage of income is often how people charge but this varies widely by location and also type of rental.

I have no problem paying a reasonable fee for their services. 

In a well-run fund, this allows them to service all liquidation requests under normal circumstances.

Finally, confirm if there are any existing service contracts (for landscaping, pest control, etc.) that may need to be transferred or canceled.

I prefer to have cameras on all the time and WiFi at the property during renovation for better service and oversight, and in case of theft which happens all the time.Taxes are a big aha when you don't expect them as well.

I see nothing that makes one more a business than the other if no breakfast or guest services are provided.