I just used my attorney as our registered agent, PO Box as our business address, and a separate LLC as the holding company. $50/ LLC and it literally takes less than 20 minutes for each LLC and costs less than $20/ yr. to renew each LLC.

These are professionals with additional training and a stricter code of ethics.

I spend money on postcards, distressed lists and a website.

A lot of investors who succeed in EC know the tenant base very well and a lot of them self manage.

For our second home, we installed a Yale lock that has a physical key and a keypad.

I live in the Las Vegas market and have investments and a real estate brokerage in Henderson.

Quote from @Edward James smith: Hello, I currently own a single family house with an ADU, and a duplex.

With 20 years experience managing my sfr and as a property manager for a broker and a bank, this switch into ABNB has been a learning experience.  

Agree 100% especially if they don't have capital and a capital sponsor wants 75% or more - something better than nothing especially when you don't have skin in the game 

For example, one client in Chicago wasn’t getting traction until we updated their listing with a twilight shot of their patio featuring string lights and a fire pit.