Of course, it should be cohesive and tell the story of the property and area that guests are visiting.

Long story short, I concur that you should look at other cheaper markets that do not fluctuate as greatly in appreciate/depreciation as San Diego but have good cash on cash returns for your objectives.

I've heard so many horror stories, and know I am bound to have some myself, but what are some things that can prevent disaster by including in your lease agreement?

- Funny story, did business with a "turnkey" company here in Metro Detroit.

Investment Info:

Single-family residence fix & flip investment.

But there's more to the story. 

Purchase price: $726,000 Cash invested: $1,300,000 Sale price: $4,500,000 We are developing a 4 story a luxury Duplex.Property is primed for short term rentals with conservative estimates of ($40,000-$50,000) per month.

Let them know unless rent is paid in full, you will evict them and then start with the eviction-don't take any sob stories.  

Believe me, everyone has a story of why its so hard and why they cant pay.

That's very inspiring to me as I can tell once I have the capital prepared, it will take me some time to get to the action phase too.