I'm considering purchasing a condo or a small SFH in the Oceanside/Carlsbad area as an investment property and renting it out on a short term rental site like AirBNB. 

So glad you introduced yourself.. what's the first question you'd ask a seasoned pro in our community?

My husband and I are interested in investing in a property as was suggested by our accountant.  

We sold our (primary) home recently.

And congratulations on your last semester, and thank you for joining the military and serving our country! 

And while yes, no one has the same pricing (combination of factors), I also continue to check on a regular basis our rankings and how we "present" on total costs per stay vs. our competitors.My gut says there is price creep and we might have a ways to go before the market really corrects.

Additionally, regarding the legal structure, an LLC seems to be the most suitable option for our situation.

We charge a transparent monthly fee for this and our digital property management platform - but we are not a local property manager.We also give owners the ability to use a repair triage service and our vendor network, or address repairs with their own handyman.Our goal is to make renting better for owners and residents.

My husband and I accidentally became landlords in 2022 and are now looking to expand our portfolio! 

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!