Hi @Deepak Malhotra,Thanks for sharing your experience—there’s a lot to learn here!

Quote from @Drew Mullin: I have some experience in the south Florida area.

Buying an out of state rental property from a realtor, wholesaler or off facebook or zillow etc as opposed to from an operation or turnkey provider who has an active, substancial, and effective boots on the ground team or teams to support you after you close on the sale. 

By recognizing the signs and implementing effective preventative measures, landlords and property managers can protect themselves from potential scams.

With 30 years of experience in real estate and now owning a quadplex, duplex, and a condo STR, you’ve already built an impressive portfolio.

Once you have the number of homes you want, you pour your cash flow and extra income into the smallest mortgage until it is paid off, then you move to the next and create a snowball effect.

One of our parks is 60% POH and in my experience the only way that park pencils as well as it does is to get through all the major repairs, get the homes 'right' and then keep them 'right'. 

Anyone have experience with a short term management company called BNB Monthly

I would be happy to share my experience in knowledge in this area (MA and RI) as I continue to look to build my portfolio. 

Sounds like for now the idea of eventually selling the branded account is a no-go, but there still remains pros/cons on each option and I'd love to hear what others have considered or their experience in adding more STRs/boutique hotel type properties to their portfolios.