The successful bidder must be prepared to pay the balance of the purchase price within thirty (30) days after the approval of the sale.

In my market, buyers are looking for about 12% or more in gross rental income relative to purchase price, so if you have a $500K property that's only doing $40K/yr under the current management, don't post rental history (though most buyers will ask for it, so be prepared to explain why it's performing the way it is).Also, network with agents who specialize in STRs. 

Some Airbnb listings have a setting where the house is blocked off a night or 2 before or after each booking (some hosts do this to help properly prepare the house for the next guests).

Food for thought!

It's akin to making a booking at a restaurant and writing a positive review before you even get to the restaurant, experience the ambience or taste the food.

Much of their food would spoil and they'd be hungry, and most people don't have a proper stock of food and what do you think people will do when they're really, really hungry?

It does everything from rent collection, background checks, credit checks, ID verification, tax preparation, lease signing/preparation, etc. 

(Food for thought)10% for Cap Ex & 5% for maintenance sounds fair and consistent with many BP suggestions.If it is value add and you do renovations, then hopefully your place will be "like new" and won't have many of those repairs/maintenance/cap ex issues early on. 

or have the current seller provide said info. with proof of payment and or renters insurance, turnover of security deposit & first months rent which my attorney will also be collecting, With it being such a quick turn-around with their current lease expiring I want to have as much lined up as I can and be the most prepared I possibly can.Currently Still in the process of bulletproofing the new lease along with the operating and reserves accounts & setting up account/property management software.

In the case of unlicensed contractor, the word 'handyman' is common in the scope of home improvement independent contractors, licensed or not.I'm not even in a trade or business yet still do issue a 1099-MISC to handymen, and even my tax-preparer just in case the IRS or some other beauracracy should deem me as being in a 'trade or business' already.