In the event of recent non-drivable we would allow more time to get in operational state than we would allow for other lease violationsIn my market option 3 could be very costly.  

Run an Opco/Propco model.If your business utilizes real estate as part of ongoing operations you can get all the tax benefits of active RE by having the building purchase and hold the RE.3.

Think of these as savings for big-ticket items like new flooring, new appliances, or a roof or siding replacement.Because maintenance and capex can be “lumpy,” you may think that you’re generating more cash flow than you really are.

It is imperative that you protect yourself (and your guests) by using the legal language and requirements of the state you're operating in.

I've only briefly used BNBCalc, but I've heard long-term STR operators that have underwritten thousands of properties, say they would only use BNBCalc along with Airdna.

It all comes down to the quality of the operator.

Yes, it's not far and yes Milwaukee is a little better market to invest, but overall the cost and in-efficlencies of operating remote are not worth the effort.

Hi Chris,I am an operator and also have 50+ Real Estate clients with my advertising agency, many on whom are using Left Main.

This is a ground-up development coordinated by CC&F (https://ccfne.com/), an operator that has been in business for 120 years and has built over 100 million sq ft of commercial real estate.

What kind of due diligence did you do on the operator before you handed over your money?