I wish they would require proof of ownership/authority, and proof that the property is properly registered and authorized to operate as a short-term rental.

The biggest news lately is Intel's $20 billion investment to build chip manufacturing plants in Licking County, which is projected to create thousands of new jobs.

Proper identification of tenants isalso needed if you want any chance of having local code enforcement write tickets against the tenant and not the owner.5.

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

My clients get a homeowners policy with a STR rider or go with a policy through a company like Proper Insurance that specializes in STR.  

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

As a landlord, you have signed a legally binding lease agreement, which makes terminating it challenging without proper cause.

I’m just starting my RE journey so I know my taxes aren’t very complicated, but still I wanted to use a professional and invest in proper tax planning from the start.

Consider consulting to navigate tax implications and proper structuring.

Most fights last under 20 seconds and contrary to the movies one to two properly placed strikes can take someone out unless they are hyped up on drugs or other stimulants.