I’d let it go (unless it’s a recurring issue with him) and move forward if you like the product. 

The recurring fee definitely reads suspiciously like rent.

Also, I think there will be more chances to fail and more time to recuperate if the money you put away for your first REI didn't come out as expected, specially with recurring debts, for a first investment. 

I can't remember which is which, but one is the ratio of the mortgage to your income and the other is all your recurring debt and obligations (such as child support, car payment, not the gas bill).

Probably not a recurring issue.

Breakdown below:Expenses: Mortgage, Taxes Insurance   $940Electricity and Gas:                            $200Internet:                                            $60Water:                                               $60Reserves:                                            $240Total costs:     $1500Now, I did have to buy furniture and rush to get it ready, but after this initial 3 month visit is over, the majority of those costs will have been paid for, and any new bookings after May will just need to cover the $1500 a month or so in recurring expenses.

Most of it gave me general ideas, but the one recurring theme I found was the lack of how-to information.

My wife and I are looking to flip properties, but if you have the liquidity you could easily reach you $6k to $8k revenue goal in recurring income.

Very Vague Question - I would look into tax deeds though - not recurring though...

Create a calendar with the recurring maintenance items (such as changing the lock batteries) that will remind you when things are due, so you can follow up with your team to make sure they happen.The lock I use is a RemoteLock 5i - it's a bit more expensive up-front to purchase, but it's a wifi lock and not only can you change the codes and trigger lock/unlock remotely, it'll provide you with battery life status AND you can set up check-in/lock instructions to be automatically emailed to your guests!