Make sure you setup your Goals correctly so you are measuring things like phone calls, contact forms, tours scheduled etc., 2.

I am just starting out and have 1 STR.Would love hear the pros/cons that you took into consideration when deciding how you want to manage your STR.Self managing STR properties, from afar, while maintaining other employment, is only a possibility because of the new technology made available in the last 10 - 15 years.  

Obviously you can maintain a stronger presence and level of involvement investing in properties near you.

Since getting started we have learned a lot and have built quite a few systems and processes to increase efficiency and maintain consistency within our business. 

My maintenance is little to nothing as we do the reno correctly.

Here in TN we issue POQ within a couple of days of rent being overdue, usually giving them 14 days to correct before official eviction proceedings start.

I do have it correct outside, but when I run reports through Stessa, they aren't accurate.  

Keep telling me a sob story about her paycheck getting sent to the previous address ( that was 18 days now, not corrected ).- still did not receive the check from the NJ Victims of Crimes office.At this point, I want to file for eviction at the end of the month if she delays the event by 1 day to pay her entire rent ( January and February).My question to you professional is, should I inform her of that decision in advance?

Quote from @Sarp Ka: Quote from @Patrick Roberts: Quote from @Sarp Ka: Quote from @Patrick Roberts: Am I understanding this correctly that youre expecting to get a $700k property for $500k because youre paying cash?

If OP can lever-up while maintaining adequate reserves, he will be in better position than buying with heavy cash position.