Are their listings detailed with good-quality photos?

Generally speaking, when scrolling through listings, I'm looking for 3 things: pets allowed because I always travel with my dog, quality furnishings including comfortable living room seating (futons are a definite NO) and a king sized bed.

You'll save on labor costs and have better quality control.- Start small: Begin with a modest project to learn the ropes without overextending yourselves.- Create a detailed business plan: Outline roles, responsibilities, and how you'll handle decisions and potential conflicts.- Build a network: Connect with real estate agents, wholesalers, and other investors to find good deals.- Educate yourselves: Learn about local market trends, zoning laws, and permitting processes.- Set realistic timelines: Account for your full-time jobs when planning project schedules.- Budget carefully: Include a contingency fund for unexpected issues.- Focus on high-ROI improvements: Prioritize renovations that add the most value.- Document everything: Keep detailed records of expenses, work completed, and agreements.- Consider liability protection: Look into forming an LLC or other business entity.Starting with cash is a smart move to minimize risk and learn the process.

It sounds like this person is essentially a general contractor or do you already have that role...in your case I would think your project manager would manage the GC (i.e, make sure they are on schedule, under budget, and quality is up to par). 

It penciled ITM on entry though.Even in the low rate era that was the case, that's not to say buy OTM... but it's to say buy quality.

Not too low either, you don't want to go with someone who is just focused on price as this is a quality of a not-so-great accountant.

Any suggestions on a good quality LVP that will last while also being a good price?

Obviously paying interest on underutilized capital is sub-optimal but when factoring in the cumulative proposed transactional savings, the annual total interest cost could be equivalent or lower than the net of an alternative home equity line of credit on the same principal loan amount.One 'hack' could be to delay the actual closing of the DSCR loan until a quality purchase prospect is identified and/or near under contract.

Like others have mentioned, you will pay structurally more for a home warranty than self-insuring for the cost of repairs.This may be worth it if the value proposition was that you could be hands-off whenever a covered item breaks.In reality, it adds significant overhead because there is the claims process and you give up control of the repair timeline and quality as you have discovered.

Having boots on the ground with an STR can make or break the guest experience, as well as preventative maintenance and quality upkeep of your unit.