We’re wondering if these fees and processes are standard for short-term rentals.

I was practically fully booked all Fall and Winter.

Most of the time - and especially since Orlando area bookings have cratered - we don't have back-to-back guests outside of the holidays, so in practice we usually just provide the info to the guest a couple of hours early.

You'd be looking at a $4000-$4500 monthly payment on a standard DSCR if you paid off the HELOC and the 2.99%

Going to guess your PMC vetting didn't include asking questions about HOW they would execute their services.Below is part of a standard copy & paste advice for those looking for a PMC.

Your strategy could attract a specific niche of renters or vacationers looking for more than just a standard home.

We truly believe in fostering community and providing affordable housing while maintaining a high standard of ethical management and resident well-being.We are definitely looking into growth opportunities for our properties here in Norfolk, but we’re taking a careful and steady approach to ensure we can continue delivering quality for our residents.

They keep changing the standards for efficiency and the prices keep rising... 

These platforms ensure that you obtain legally binding electronic signatures for the release of information forms as part of the application process.In practice, while some landlords might accept pay stubs at face value, your approach to verifying employment directly is prudent, especially given the ease of falsifying documents with today's technology.

I started putting the theory into practice about 8 months ago, setting up partnerships, selecting markets and putting out offers on properties.