As an agent that works with OOS investors frequently I prefer they come into town at least during the inspection period.

First, a frequent poster and STR host cited his vetted CPA saying that he needn’t send his cleaner a 1099 and he can still claim those expenses, as long as his has proof of payment (checks or electronic payments or payment Apps).

You also tend to get more frequent and better feedback than with an STR, if you treat your residents well.The last quadrant, unnecessary but not obviously so, is usually as a result of either converting an STR to an MTR or from remodeling above the standard needed.

I work with a lot of MTR investors and what I am seeing frequently with multifamily acquisitions, particularly with new investors, is that they often test the property just like you're mentioning, as a way to dip their toes in the water and see what works in their area and for their personal style.

I tried to reply individually but I guess it thinks you're a bot when you post too frequently in a short time period so I got locked out of my account lol

The tenant frequently informs me the interior temperature only reaches 68 degrees.

They do a good job of regularly releasing episodes and they frequently talk about starting out with their initial capital pool and growing their business. 

How are you managing your properties in that area given that property management company seem to be extremely unreliable and seem to go under quite frequently 

There are some “hot button” topics on BP which bring out “knee jerk” reactions and sometimes incorrect assumptions from some of us long time and frequent participants.  

In contrast, when I owned properties in the Midwest, evictions were easy, but the tenant pool often made frequent evictions unavoidable.That said, San Diego is a high-barrier-to-entry market and isn’t for everyone.