Quote from @Brandon Rush: Hey team,I'm looking into buying a property in ATL and using it as a Padsplit because I love the potential to make greater returns with their rent-by-the-room model.The big hesitation for me is that they screen and place tenants, but don't manage evictions. 

I suspect that short term rental returns have declined due to oversupply and some short-term rental owners are switching their properties over to long-term rentals.

@Jonathan GreeneYell ppl the AI with the ** before each heading then it ends in “in conclusion” thankfully most of these people last a few weeks to a month or so and realize it’s not getting them deals so they stop Little secret for people is you shouldn’t come here expecting something in return - those who post more frequently are giving back from experience and not expecting things in return

Also trying to find the best strategy for cash-on-cash return (reoccurring) but struggling a bit here. 

The LLC has to do the 1031 exchange because that is the tax return reporting the activity of the property. 

Have you run a proforma on this to see what your returns would be?

Can you show income on your tax returns? 

The level of work involved will be significant with limited returns unless you are well experienced. 

Only 2.14% CoC return though 😞My all in is about $4,100 which includes $180 required flood insurance.

This fund supposedly had the highest rate of return overall coming primarily from appreciation.