If the property is fully leased and operating well, like your situation, the numbers might not make sense.A few questions to think about....Deferred maintenance or layout issues: If you already need significant updates, the conversion might be a good opportunity to reconfigure the space.

Once they are approved, they sign the lease and accept personal responsibility on behalf of the company.

.), Designing and Furnishing (amenities, design, theme, linens, etc), and operating (Insurance, Property management or self-management, Tech & Tools, Cleaners & handy people, etc)All of these could be covered depending on who you work with that can cover each topic. 

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

Can I still use the same lease document which I used for my other tenants till now?

Additionally, it gives you the flexibility to sell or lease the properties individually in the future.One potential downside is the costs associated with subdividing or creating separate LLCs, including legal fees, taxes, and administrative expenses.

We intend on doing 6-12 month furnished leases due to the neighborhood it's in. 

Looking for some advice/resources on cleaners as well as the best route to satisfy the resident agent requirement for an STR in the Dells. 

However slight changes can make big differences in the drafting if you are doing STRs or Lease-options and things like that.  

The house is already occupied by a tenant and is on lease until April next year.