My goal is to ensure a positive and stable rental experience for both parties, especially in Colorado's evolving rental market.

Think Superbowl parties, World Series, Final 4, Etc...

Have all parties initial the section lined through to show they agree to the change.Also, line 3 says the late fee only applies to "Periodic Rent" which shoots you in the foot because there's no provision allowing you to charge late fees on the other charges.Where did you get this form?

@Justin Ceballos thanks for the great advice, ive traveled for most of the island but honestly the only time im in the north is when i land in san juan.For the most part i stay in the southern part of the island from cabo rojo to humacao.

I think ach works best for both parties so getting low cost ach makes sense.i went with apartments.com then got a tenant who wants to pay cash and only communicates via text. 

Quote from @Chris Seveney: @Mackenzie MaeI have no clue who either party is- but if one party throws shade at the other they have a right to defend and let people also know if it’s been settledWhat private information did he put in the post?

STR looks like an attractive option but I am a novice in this area so looking for input on realistic income and cost estimates of a STR managed by a 3rd party property management company. 

If he does that he will have more than enough leads coming his way.It's also important to understand that he doesn't plan to manage for 3rd party clients long term. 

When it comes to investments, you can rely on a third party to control the timeline of repairs since your tenants also have recourse depending on the situation.

If something isn't working and one of the parties wants to move along, they should be free to do so unfettered.