The Evolve owner dashboard was pretty good; it has a calendar where you can easily see when guests book your property and allow you to block off dates for yourself if you like.The downside was that I didn’t have as much control in managing the actual listing, and I felt the quality of the photos, captions, and listing descriptions wasn’t all that great initially.  

I retired early as a teacher because my time is now controlled by me and my STR’s pay much better.

@Shivani KumarLet’s say they have to get a pest control company to do something and it’s a third party company - they will charge 5% which is very common as they have management to bill and coordinate that activityMany places I see this 10-15%I would make sure to check indemnifications clause with an attorney

First, learn about the city's rent control rules.

You'd be stuck in a rent control state with a fraction of market rent. 

This is precisely what's fueling the saturation issue.You're not alone in this.

Unless, of course, you have moonlighted as a judge or an FTC commissioner and have presided over a case specififically about this precise situation???? 

Hey Liad - Condos can pose some challenges mostly due to monthly association fees, limited control over the property, and potential for slower appreciation compared to single-family homes.

Hi Alex,Thanks for the mention.Unfortunately, investors sometimes expect providers to subsidize all loss of income incurred on a property which isn't feasible.We do our best to minimize costs and in many instances "eat a cost" that we shouldn't.Can't control "acts of God" or the weather/other people lolAs we all should know, there are ups and down's with real estate investing.Business is easy and people make it difficult as the saying goes.Our PM never just throws "a body" into a property just to call it "tenanted"Why?

This strategic foresight in acquiring and controlling prime locations demonstrates the power of real estate as a fundamental asset class, offering lessons on location selection, long-term value creation, and the integration of real estate into broader business models.