High performers everywhere swear by it.

Your prices may continue to appreciate/inflate in upcoming years, but just be diligent with your assumptions instead of over-indexing on historic performance. 

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – and they often select the first PMC they call!

I only have experience with regular single-family homes as STRs.

While I don’t plan on flipping the house, I intend to use the property for short-term rentals (STR), and based on my research, it seems like it will perform well either as an STR or a long-term rental (LTR).Any ideas on how I can source the financing or recommendations for better lenders would be greatly appreciated!

I currently own a successful short-term rental in Fort Lauderdale and have identified a new property nearby that I’m confident will perform well.

How do I know which questions to ask to ensure the property manager is performing at its best?

IF you are going to down that path, focus on building relationships with key investors in town and top performing CRE agents.

Past performance is not an indication of future results.

Handle Legalities:Make sure you have all the permits required for the task you intend to perform.