Not renting to Sec.8 Tenants is not discrimination - they are not protected class.Pre qualification as drug free is not enough to get you a good Tenant - they all drug free.The main reason is that people have huge sense of entitlement: changing light bulbs is on you because government pays you!

To do that I could cut a hole in the dry wall and turn it 90 degrees so people can use it from the hallway but there is a light switch for a nearby bathroom in the way so that would need to be moved into the bathroom as well.

Your time calculations are also light - you spent more than 5 minutes calculating renewal terms, presenting them to the tenant, drafting and having a lease addendum signed, traveling there, changing the air filter and doing an inspection.

I love your suggestions especially about the local art, what a great idea and I will be implementing that in our vacation rentals. 

Try to go for cap rates lightly better than market, but not much better as had bad experience with super high yielding props.  

However, because I have Class A and B properties, the management is very light and it's much closer to an Investment than a Business.

Your current situation feels heavy...What feels right or light to you?

G'Day everyone,How many of you look to other successful companies in your niche and implement something they do within your business model?

-You can use the internet yourself for cameras, lights and anything else on Wifi.CONS-If it goes out it is your responsibility and people get crazy when they can't play xbox-In some cases, it costs a lot to get set up since you are covering a large area.

It’s the beginning of my journey and will be looking to learn and implement how to build a portfolio of long term rentals.