They take good care of the properties, but there's not enough attention given to pricing strategy and they spend money like nobody's business (not a problem when they were spending their own money on the master lease model, but a BIG problem when they were suddenly spending OUR money as the PM).

@Bruce Lynn That's a good point and is something to pay attention to for sure.

I'd have the PM send notice to the tenants that it was brought to the owners attention and they've waived the fee and thank you for being good tenants.

I pay attention to local amenities like shops, parks, and restaurants, because they make the area more appealing to tenants.

A few clients or properties can suck up all of our time and attention and ultimately, prevent us from taking on more business. 

Much better than a legal filing or media attention. 

Can usually allot 5-10% vacancy factor and same for maintenance.Class B usually also okay, but needs more attention from owner and/or PMC.

- Most real estate investing projects have negative cashflow for the first few months - if not the first few years.Keep listening to the podcasts, but pay attention to WHEN THEY WERE RECORDED!

I think that overall the economy will go nuts, but I still think STRs are saturated, they just got too much attention back in 2019-2021.

I left that job to join Roche Tissue Diagnostics where I repair medical instrumentation across the Midwest.