You have the area experience and data to help you, but courthouse steps auctions are blind bidding (other than what you can find through the windows), all cash, 10 percent down at the time of close, and not always clear on all of the liens associated with the house (tax liens, HOA liens, utility liens, etc.). 

In the apartment industry, typically $250-300 per unit per month is held by the banks in escrow, but R&M can be much higher - Utilities - Is there any common-area lighting?  

I probably won't book any place that does not have instant booking turned on in the future.If I am not mistaken, instant book is a search criteria on one of the platforms, and if you are not doing that, then your pool of potential customers is smaller by some degree.  

That's why I'm currently training new staff to ensure we can always deliver properties with the required quality standard and efficiency.By the way, do you think it would be interesting to offer some basic customizations, like themed paper products or towels, during specific holiday months? 

What role do private money lenders and hard money loans play in creative real estate financing, and how can investors effectively utilize them?

Currently, my friend and I split the monthly mortgage payment but he pays all utilities.

Checklist: Here’s a quick checklist to get you started:Get a home inspection (optional but recommended)Fix any outstanding repairs or issuesCreate or customize your lease agreement (covering pool/fireplace)Set up tenant screening processesTake detailed photos of the propertySecure proper insurance (consider rental-specific policies)Establish a move-in/move-out inspection processClarify utility responsibilities in the leaseConsider a property manager if you prefer hands-off managementDon’t worry, you're on the right track by doing your due diligence.

My business partner and I have been successfully utilizing wholesaling as an exit strategy for the past three years.

Utilize the most efficient form of entities, Series LLC instead of individual LLCs, LLC instead of corporation (you can elect to have LLC TAXED as a corporation if that is desirable), LLC instead of limited partnership (eliminates the need for a separate entity to be created as general partner).  

The decision as to which structure to utilize usually depends heavily on whether or not you are eligible for a Solo 401k.