I first look to hold long term but if the numbers are not perfect I will flip it for a quick return and reinvest that money into something that can generate a better ROI.Buy good deals, diversify, and consistantly increase ROI.

I try to encourage the very best tenants to stay by keeping rent low, but only if they are perfect in every way: timely payments, no lease violations, maintain homes, communicate well, etc. 

It is a perfect storm to separate the wheat from the chaff in the Smokies STR market.

@Lee Ripma said it perfectly - use your freed up time to get more properties and/or do the things you're good at (unless PM is your thing then by all means). 

We're far from perfect, but we cringe at how some of our local competitors operate and have a mission to prove how we take our responsibilities seriously.May we make a suggestion to save yourself time?

If they were to reverse, the USD could tank and you could end up with a nice currency gain, on top of your real estate income and appreciation.So, getting back to the timing, the USD has rarely given you that much buying power to buy overseas.

We walk every tenant through the property before move in and ask them to please tell us about ANYTHING that isn’t perfect.

Whether you're looking for the perfect funding structure or just the right property, I’m here to help make the process as smooth as possible.Looking forward to hearing more about your journey and helping you succeed in your real estate ventures.

I had some cash saved for investing in property, and then the perfect home came along.

If you start thinking of the next before you perfect the last, you will leave properties incomplete and give yourself maintenance issues later.