If I didn't get a switch initiated in time for an STR guest's arrival, I could put myself in hot water.

Someone booked and then the evening before their arrival the next day messaged me and said they would be arriving at 6 AM and needed to check in then.

They did not inspect the property to do a clean until the day of the guest arrival.

After all this, you arrive at a value of the business as it presently operates.  

There is likely a phone number and persons name that will come up, that you can reference, since he is having bills that arrive to the mailbox and packages to the door with his name on them.You could make it a pre-condition to the seller that he allow a background check on the tenant before closing and your offer is contingent on your approval.Neighbors typically know what's going on in the neighborhood and will know who the guy is and if he is a trouble maker.He probably has a car and a private detective can run the plates.And so on.The information is readily available is the knowledge is worth knowing.

These are the track record of good core-based GP2022 average exit 0.40 bps with 10 year fixed debt 50% LTVAs of 2024 we still have negative spread, so better wait til good market condition arrives.

Despite the rise, national inventory is still 30% below pre-COVID levels.Mortgage MarketThe market is convinced that the first rate cut will arrive on September 18, and Federal Reserve members haven’t been actively trying to quash those hopes.

Overnights are very very transient and come with unique challenges, think about these like a Motel 6, people arriving at all hours, tired, just need a place to crash as they make their way to their final destination.

When enough people arrive at that same conclusion there is downward momentum and really no bottom to the mess. 

What I can tell you is that I specifically got these locks because they appeared to have the most third-party app integrations, so I wouldn't be limiting my PMS options if I did move that direction in the future.For now though, I manually update the lock codes for each guest ahead of their arrival, which takes about 90 seconds in total - super quick and easy.