Purchase price: $700 Cash invested: $9,000 I currently lease two properties and sublease them as STR on Airbnb.

Purchase price: $700 Cash invested: $9,000 I currently lease two properties and sublease them as STR on Airbnb.

I still think the market is over priced and don't really have a desire to invest in Oregon unless it was a destination STR on the coast or mountain later on.I like your idea of the ADU except our property really doesn't have property.

What activity do you think goes on at every STR on Earth?  

***Here is what one site described Michigan PM as:Property management is:1) the leasing or renting, or the offering to lease or rent, of real property of others for a fee, commission, compensation, or other valuable consideration pursuant to a property management employment contract.2) However, if the activities provided do not include leasing or renting services, a license is not required.IF specifically, I don't offer a renting 'service,' I just rent the apartment myself, then sublease the whole STR on my own.

One of our two STR units we converted to LTR in the school year and STR only in the summer where even in the midst of the GR it was rented virtually every day in the summer (today it is rented virtually every day all year).There were many people that increased occupancy by moving in with friends or family, but the banks also had a lot of empty homes in my market that they were sitting on. 

You and the hubby on one side, managing a STR on the other except for when your parents are in town (this would comply with Boulder's STR laws because you'd live in the property).  

Purchase price: $72,000 Cash invested: $30,000 Cincinnati area STR on AirBNB.

Are you a STR on Sch E or C (do you know the qualifications for each), do you know how to capitalize the work you did on your property prior to putting it into service?

I believe my market is stron enough that I'll find another renter fairly quickly.