To thrive in real estate investing, you must maintain a firm grip on your finances.

Buy Box is set, class neighborhood is set (C+/B-) and rules are set.It is working well and I don't have most of the drama the other hosts I talk to have.

Another way, you could connect with a host via Airbnb/ VRBO Facebook groups in the area you're searching and ask them what they do and how they handle it.

I host a group for midterm rental operators and I had 2 people in last week's meeting essentially say the same thing.

Besides registering with the city, are there any other steps required to setup as a STR/Airbnb host in Alexandria?

Brandon Turner and Scott Trench were gracious hosts when I was a guest!! 

We have an insurance policy on the rental house (through State Farm), that includes a personal liability section, which is essentially equal to our current net worth.Given that a tenant could sue for more than this if an accident occurred, we are thinking about adding either LLC or an umbrella policy (or both) as extra protection.Any advice on which way to go, and if LLC, any recommendations for a law firm or company the Indianapolis area?

To thrive in real estate investing, you must maintain a firm grip on your finances.

To thrive in real estate investing, you must maintain a firm grip on your finances.

He's an investor himself and recently left his role as partner at the largest firm in the area to start his own company.