For pros/cons of booking.com I would say the following...Pros:-if you use guesty you can sync your airbnb info into your booking.com listing info to ease the set up process-there are more options to check off in the amenities portion of the listing set up, so you can really display the uniqueness of your property-I would wager 90% of self-managing str hosts only list on up to VRBO/Airbnb, which means there are not nearly as many options for people to choose between, which means more exposure for your listing-rumor has it that booking.com just invested a large sum of money into building out their services to provide more vacation home listings rather than hotels.

I'd wager they have told you they are paying cash so you can't double check, they are not. 

If you take the 5 engineers plus architect each will spend 8+ hours easy on a project so there is 40 hours and that is just to get preliminary / schematic design.

Primarily due to rate hikes (compounded by the lack of an adequate exit strategy) and subsequent market change but also exceeding our preliminary budget.

Have you run a preliminary pro forma to confirm the deal works financially?

Open a preliminary title report to see if she filed on the house yet?

Who is going to conduct a preliminary inspection?

Full documentation. 1.Purchase contract, your new fire insurance declarations page, and preliminary title report.  2.Past two years IRS returns 2022 2023 the net income after expenses, with paychecks past 30 days or profit and or loss 2024 year to date3. your bank statements for 2 months showing you have the down payment in your name, 4.

After my preliminary research, there are still two questions I was still curious about regarding a condo I wanted to rent out in the future.1) What can I do to ensure I do not end up spending a crazy amount of my cash flow on random maintenance costs such as special HOA assessments.2) How can I make sure to obtain tenants for my property ASAP so I do not have a single month without earning rent.Thank you so much!

There are plenty of people who have been able to start a career with nothing more than drive and a dream so I'll let them post how they did it however I'd wager that they are the minority and the hard situation is this is a cash intensive business.