great alternative way to look at it. thats sort of how i was leaning with my logic. like i would rather keep a good tenant for a long time and "lose" some market value but guarntee no vacancy. i figure i could write in a large penalty for cancellation too prior to term ends.

His average contract value is around 15-20k and his profit margins on these jobs are roughly 50%.I don't have an agency or any sort of business that provides this service.

There must be some sort of protections still.

It all comes down to where you balance your personal perception of risks to the potential reward.But, in hindsight, I sort of align with Melanie.  

I didn't run numbers, but my "feeling" is that your 1 and 2 are sort of contradictory / uneven application of concept. 

Admittedly, it seems like he is needing to be a lot more hands on with the cheaper one, as she does not seem as experienced or knowing what questions to ask on front end to get a design knocked out quickly and efficiently.Things to think about with being an Airbnb host, that sort of stem from these questions: beyond some wall color choices and furniture selection, who is picking out dishes, flat ware, towels, blankets, sheets, pillows, mattresses.  

Right now with the rentals I currently have, I will be sorting out the cashflowing versus the non-performing and cleaning up in-house before pursuing my next venture.

VA should also have an option.Not sure what sort of lender you are working with, but honestly in my experience the brokers that are marketed to you through the military aren't very helpful.You still need to qualify for the reno --- basically qualify for the larger loan. 

Figured out after signing the agreement the “agreed on” was nothing of the sorts.

Generally speaking, most states will not allow any sort of camera to be mounted facing an area where the tenant would have an expectation of privacy, which would include the entire interior and possibly the back yard too.