I think that's the best way to break into the market with the lowest risk.

I drove my 1979 GMC square body everywhere, loaded it with tools, and got stuff done.

I think the STR market is oversaturated.There are a bunch of people doing 'arbitrage' and others who brought only to get the tax break without looking at the fundamentals.If you had no bookings in September, I would be afraid.It also doesn't look to be a good LTR as you may not be factoring in reserves for vacany or improvements.Best of luck to you in your decision.

In this post, we’ll break down the pros and cons of both, when to use each, and how bridge loans can be a game-changer for short-term projects.

The problem is execution and liability, not the concept.Where this works:• Single point of contact• Strict vendor vetting and written scopes• Clear spend caps with owner pre-approval• Zero markup games or hidden feesWhere it breaks:• Emergency calls at 2 a.m.• Vendors no-showing and pointing fingers• Owners blaming the coordinator when the repair itself fails• Gray area liability when something goes wrongIn practice, this is why most property managers bundle maintenance inside full management.

Looking to break into that general area with rentals, preferably BRRRR but know I need great people to do it with.

Has anyone sued a PM to break a contract (or been sued by a PM for breaking it)?

If you don't run your LLC like a business strictly then its easy to do things that would allow someone suing you to "break the corporate veil" and sue you personally anyways.

I'd break that down into an APOD spreadsheet so the numbers are clear.

I suggest you should prioritize neighborhoods with steady owner occupancy, good schools and median price points that support both appreciation and break even cash flow.Good luck!