The current version of the ATCP you are violating is ATCP 134.08(4), which prohibits the same exact thing as 704.44(4m) prohibits…the kicker being that the ATCP (the consumer protection act) comes with the added penalty of you being charged double damages and actual attorney fees because the act itself is promogulated under Wis.

For minimums, I would price your rate for what you would ideally get for 7 nights (or close to it) but charge it for. 5 night night minimum.

In the beginning there is EXTREME VALUE in paying people well who know what they are doing - you can SCALE SO MUCH FASTER!!

@Kaushik Kahlon there are several services that will charge the tenant, not the owner.Innago, is one.

And while it is not the sexiest, maintaining your W2 job and working hard to get promoted and earning more, even if that means changing jobs every few years, is often times a faster approach to create investable income.  

If your purchase price (always the largest expense) plus the rehab estimate (the second largest) total no more than 70% of the ARV, the remaining 30% must cover your HML charges, agent commission, property and hazard insurance, property taxes, title insurance, escrow, staging, all else, and your profit.

@John MasonNot a fan of velocity banking as proper will charge $ o make it but typically it’s better to invest this money- here is what makes me laugh in this articleIf you do velocity banking you pay it off in 76 months - if not you pay it off in 77 monthsIs all that work of trying to write checks from a HELOC vs auto debit your bills worth one month of mortgage payment over 6 years?

If you don't need assistance marketing the property and just filling out paperwork with a tenant you found, many agents will charge you a flat fee that may be cheaper than an attorney. 

Offer Value Beyond PriceIn competitive or slow markets, creating value for the seller can tip the deal in your favor: Quick Closings: If you can close faster than competitors, this might persuade the seller to accept a slightly lower offer.

If there are any NY market stats/comparisons, you'd like to see in the future, post a reply or shoot me a PM.Below is a quick Q3 comparison between this year and '23 for Suffolk County:Summary:- Single Family values continue climbing- Multifamily Properties are selling faster than last year - Market activity (sold properties) has remained steadyMultifamily sale prices have (slightly) dropped despite sales activity remaining similar to Q3 last year.