I specialize in loans $75K or under for real estate. 

If you use a PMS, look to see if you can set the preparation time in there or check and see if Airbnb/VRBO gives you that option as well.

We specialize in security at C and D properties in challenging areas.

However, when you have the right resources—whether that’s a mentor, a toolkit, or a community of fellow investors—you’ll gain the confidence you need to take action.Having access to reliable resources allows you to feel supported and prepared.

However, it's important to recognize that some income is better than none, particularly in today's challenging rental market where securing tenants can be difficult.Additionally, if you require assistance managing your property, I am affiliated with a property management company specializing in comprehensive services for long-term rentals.

I want to make sure Im prepared with the correct documentation to rent out my condo and would appreciate all opinions if im missing anything: - I have the rental application- I have my rental property agreement that I will have the renter sign and make copies of and provide them a copy.- I have the statement of condition that I will have the renter sign and make copies of and provide them a copy.- I will have them provide a copy of their tenants insurance for my records. - Will provide receipt for first and last months rent.- Im thinking of not charging security deposit because of all the strict MA laws and just using the last months rent as a sort of security deposit, thoughts?

Otherwise, is too hard to know for sure how much a property might cost to prepare for a STR.

This is a great learning lesson and I will be much more prepared/ educated to ensure this does not happen again.  

Prepare for battle.Step 2.

I’m also putting together my “dream” team and interviewing attorneys, title companies, lenders, real estate brokers, contractors and magicians so I’ll be fully prepared when the 100 postcards I send out to randomly selected people results in the 14 offers to sell their notes that represents the average 14% response rate to junk mailings.