It sounds more likely that you managed by luck rather than by design over that time, and that's not at all usual for "mom and pop" operations, but they also often end up spending more and making less than they would with a property manager because of poor management.

It is a townhouse and the adjacent property (that previously had an identical interior layout and size) has gone through a renovation to expand the kitchen by approximately 100 sqft, and add a second bathroom.This adjacent property is currently renting for $300-400 more than what I believe I can rent my property for.

Of course the brick is more expensive due to its obvious fact that it's made of brick and wood deck otherwise the interior is pretty much similar in both properties.

It's infuriating because this is a straightforward all interior renovation without expanding or changing the existing footprint of the single-family home.

They typically don't do furnishing, but have designers they recommend.

My advice would be to knock it out of the park in terms of design and amenities and then you have less to worry about when it comes to the competition.

Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.

I was told that if I were going to live in the unit I should only get interior insurance.

Tenant suffers damage due to flood for failure by landlord to inform him that the property is in 100-year floodplainA 100-year floodplain refers to any area of the land designated as a flood hazard with 1% or greater chance of flooding each year by the Federal Emergency Management Agency.

The highest-performing STRs now create amazing experiences through their design, making the property itself a key part of the vacation!