Do you do it every day?

Here in TN we issue POQ within a couple of days of rent being overdue, usually giving them 14 days to correct before official eviction proceedings start.

We notify 2 units at a time, 60 days before expiration, that their rent will be raising.

This is day to day spending, rent collection, tax/utility payments etc. (1) account for all security deposits, (1) account for parachute fund, capex items etc.

Quote from @Ashish Acharya: Looking ahead to 2024 and beyond, you can treat it as an STR if the average stay is still under 7 days.

I took the 3 day class in Hartford a few years ago because it was free for veterans so I signed up.

Since we will be investing remotely, we plan to work with a property management company to oversee day-to-day operations.Does this sound like a solid strategy for a first investment property?

In NY tenants have to give 30 days notice before they move out to give me time to rent out the apartment again.

Bonus Tip: If this quadruplex is out of state, I’d highly recommend building a reliable local team (cleaners, handymen, etc.) and maybe consider hiring a co-host or VA to help with day-to-day tasks, especially if you scale up. 

Just curious what people have ran across to build these days?