Because you are self servicing your loans most are not legally compliant with consumer protection laws and CFPB requirements such as sending statements on a monthly basis that have all the language the CFPB requires as well as each state may have additional requirements for sending out just a simple statement.

Question to folks who are operating a STR in Unincorporated Jefferson, County, CO.

A transactional agent is best for exactly that, the transaction, how to in contract negotiations, how to get under contract, get best deal in contract and sometimes how to dig up and create a purchase potential or how to best sell. if you want to know about operational wise, speak to those in the operations side of things.  

Quote from @Larry Nielsen: It's actually quite simple.

Not brainiac stuff here, but in the end, it's the simple-but-tedious work that gets the best results. 

It's currently called "Little Shop on Bosque" and still operated by them today. 

My tech stack together has made the daily operations a lot tighter! 

I keep the lease simple: One year and all tenants are jointly and severally liable.

That’s an incredible accomplishment, and you deserve a lot of kudos for reaching this milestone.This might be a simple question, so thanks in advance for humoring me—does the property still cash flow if it were financed with a mortgage?

Do you think your insurance policy will cover you on any liability when they find out you are not running a legal operation?