Would rather have these renters than my buddy’s who used a chainsaw to cut the sink out when they left.  

I personally like having a separate PM company for many reasons since it clearly separates staff and other resources into one bucket.

With short term rentals, you tend to take a larger cut as there are many things involved in the day to day upkeep, think 12-25%.

I have worked with many lenders that will give you the run around, ask for more items, with no clear cut guidelines. 

While you can't create limitations against their lease and legal rights they have for quiet enjoyment, things like keeping common areas free of clutter or routine maintenance items that are tenant responsibility can often be added to help keep the expectations on both parties clear.

It’s flexible and can help you fund deals quickly.Lease Options: Similar to “rent-to-own,” you control a property with minimal upfront costs and can potentially get a cut of the appreciation if you decide to buy it later.Lines of Credit: If you already own a property with equity, a HELOC or business line of credit can give you accessible funds for down payments or renovation costs.House Hacking: This might sound basic, but if you haven’t tried it, it can be a fast track to building up rental income and experience without a ton of cash down.

Monthly rental is 28K per month.Hi Sudheer, I wasn't clear from reading your post what the goals are.

Let me be clear, I'm not the wife in this situation.

Just make sure any new lease terms are clear and agreed upon by the tenants.Nonstandard Rental Provisions: You can add provisions requiring tenants to pay for cleaning services if they can't keep things up to standard.

. :)Now, the CC&R's are totally valid and I believe the language is pretty clear on restrictions.