We want to give owners some flexibility and a good experience working with us, but also, contracts are the assets in this business model i.e. if you don’t have some teeth in the language, if/when you try and sell your company later it won’t be worth much.The 60-90 notice period seems to be a good balance.

Houses that need less than less than $30,000 worth work so not something that is not too old.I am trying to do the same model as Dr.

I own 3 UPS Stores across two cities, in a full-franchise model.

But find a rental model that feels comfortable to you (house-hacking, it seems?)

I don't want to be the middle man when there are problems with service delivery - let them deal with the service provider directly.

Obviously, I don't know anything about your finances, so for all I know, you may have a few million in the bank, and this project is just a fun experiment that wouldn't even be a drop in the bucket if it all turns south...but, regardless, you'll want to model out what would happen if this project crashes and burns...As you may know, managing a rental in a D to F area (or even a C area) is usually not recommended (for many reasons), and funding a rehab with credit cards is also usually not recommended (again, for many reasons). ...even highly experienced investors often won't touch anything lower than C grade because of all the difficulties of managing and re-selling them...If you're dead set on rehabbing the place and keeping it, I'd strongly suggest studying up thoroughly on the local rental market and tenant pool (e.g.; rent medians and lower and upper bounds, typical days on market before securing a tenant, local vacancy rates, tenants' typical income, education level, employment opportunities, credit, and rental history).

You could also have 40k cars a day on the road but on your side of traffic have only 10k and 30k is on other side.You could also have a big breakfast, lunch, or dinner model and have your property on the wrong side of the road for that ( going home side versus going to work ).I can go on and on have specialized in this for decades.

And if you're operating a property management company you should at least check the address and see if it fits in your model.

I manage a short-term rental in San Diego and am considering integrating my in-laws’ STR under this operational model to reduce taxable income.Establishing an LLC seemed like a way to merge our business accounts, potentially decreasing taxable income from our STR by accounting for expenses from an added unit.

.)- CRM for your sellers, buyers, properties, team members (agents, lawyers, title, etc)- lead fallow up system with access to call recordings, email and/or sms, tracking number of touches- ability to track KPIs (key performance indicators) of a given campaign (cost/benefit analysis)- delivery system for campaigns (direct mail, ringless vmail, sms, email, cold calling)- ability to add, manage and assign staff to tasks and projects- add tasks to calendar for assigned staffasking for a friend  :^)