I spend money on postcards, distressed lists and a website.

For our second home, we installed a Yale lock that has a physical key and a keypad.

With 20 years experience managing my sfr and as a property manager for a broker and a bank, this switch into ABNB has been a learning experience.  

A break even into a profit, and a profit into a windfall. 3- Capital - I used to state this as access to capital, back when the rules were loser, the regulations less onerous, and information less readily available.

For example, one client in Chicago wasn’t getting traction until we updated their listing with a twilight shot of their patio featuring string lights and a fire pit.

Agree 100% especially if they don't have capital and a capital sponsor wants 75% or more - something better than nothing especially when you don't have skin in the game 

The challenge was balancing the relationship between landlord/tenant and a personal/friendly relationship.

As more people placed more properties in STR inventory, and as more municipalities taxed and regulated the industry, the profitability of the overall industry has reverted to a much more aligned (lower) risk adjusted return.  

If he doesn't move out you have to go to your county precinct office and file for eviction, at which time they will give you a court date and a constable will notify your tenant of the court date.  

Put in about ten grand and a summer's worth of weekends in sweat equity and the deal is very sweet.