Your Lender My suggestion to find #2 & #4 would be to go to the top of this page and click on FIND AN AGENT & FIND A LENDER.

We have offshored our reservations department and have them assisting with reservations related administrative tasks but I believe you will still be extremely involved in the day to day without a PM company. 

How should I include any repairs related to termite report?

Beginning at the 40:28 mark in that podcast, Jeff discusses something related to the topic you posted.  

I'll update my listing description to ensure that anything related to that season is highlighted for guests. 

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Check the state regulatory agency's web site.

I’ll be accounting for that in my numbers now.Yes, but with a FHA 203k loan you and your relatives can't be doing the work!

Lower risk and much greater opportunity to scale while keeping within a relatively small geographic area.

Granted, they had the benefit of relatively low purchase prices relative to rental income; low interest rate loans they were able to refinance into and (generally) rising house values.