Unless you hire a property management company to make decisions and do the day to day as well as long term management ("turning the crank"), it is a business to you.Fix and flip is also an investment as well as a business, albeit a short term investment (if all goes well!).

Hi Nathan - Yes the rental agreement and ID are house rules and it is sent to guests right away/or the same day as when they book.

You buy a deal when it comes along and they come along every day. As

Expensive cars, big houses, perfectly manicured lawns.B/B+: Some place you feel safe walking around at night, without a lot of people home during the day (as most will be working).

I bet if you ran some 7 day A/B testing swapping that first pic gets 30%+ more click through.

I've been trying to get to one for months but they always fall on the same day as another event.

Students are notorious for not taking the trash cans in on trash day as well as for allowing the curb appeal to wane.  

I had to interview and hire individual managers that would live on site and manage the building by day. A

At the end of the day, a lot will have to do with the seller of the townhome.

The people you should call and ask them where to be depending what your goals are are experienced people in the Chamber of Commerce, building officials, City council people, and newspaper people.It is not the place to consider because of the current conditions that have helped the values and they will decrease some day as long as you are looking at long term returns.Good luck to you!