@Nathan Gesner I noticed that too - their videos pop up on my Instagram feed.

I've been on BP for a bit and I've noticed something.

If you're keeping an eye on the U.S. housing market, you've probably noticed some pretty interesting shifts happening lately.

If it is a month-to-month rental (or verbal, which is the same thing), then you have to give 30 days notice before making changes.I recommend you spend 3-6 months observing the tenant to confirm you want to keep them.

My guess is one fee you and your friend are noticing is a percentage cut from third party maintenance work.

That said there does seem to be a good balance because you don't really notice which homes are the STRs unless you look for them (most of the time). 

They must give me 30 days notice, pay rent through the day of termination, pay me one month termination fee, and allow me to market/show the home during their final 30 days.

In the majority of fraud or Ponzi Scheme cases the common theme seems to be that the money is mostly gone, and whatever is left runs out before a large portion of the victims are made whole.Sounds like the majority are first position mortgage holders.. this is super simple find an attorney that specializes in mortgage foreclosures and file. there is a federal law that went in post GFC that requires lenders to give a 90 day notice before they can file and I think it pertains to any loans on any 1 to 4 unit properties  the assets that Dodd Frank was designed to regulate. once the 90 days is up you file your foreclosure  in OHIO its a mortgage state so it cost more  money than a Deed Of Trust with power of sale state.  

It was really hard to schedule cleaners and contractors for repairs on such short notice, and, though we were able to get some of them, my husband ended up doing a great deal of work on the unit (and had to cancel a number of his plans in order to do so).

I figure if I start out with a low maintenance property, I can lower the learning curve and decrease the stress of managing a business and rental property myself to allow me time to figure things out as I go along.