Especially in vacation homes I imagine. 

One of my most profitable STRs ventures is not in a vacation market but it is a unique experience that is within an hour of a major metro hub.

Although the percentage of the increase is large, the determinative factors are whether the resulting rent is so great as to shock the conscience of a reasonable person and was effected for the purpose of compelling the tenant to vacate."

Think luxury vacation rentals in high-demand areas like San Diego.4.

It's not your fault that the tenant has to vacate, so the tenant should have insurance to protect them against any additional expenses.

Unit 3 trips a breaker and wants to reset it but the breaker box is in unit 1 and they're on vacation...

You could form a month to month lease with a just a days notice to vacate so you could end it as soon as you get your license ready to close, the seller might be open to it.https://www.hostaway.com/blog/rental-arbitrage-joshua-tree/Or, you could continue to list on the seller's Airbnb and you could become a full-access co-host on their account - handle all communication, pricing, etc.

It is not an easy thing to run a property when your customers are horrible haha.I recommend student housing with 9 or 10 months lease and run STR during the summer for this property while students are on vacation.

If you intend to vacate, the original lease agreement states you have to provide a 30 day written notice of your intent to vacate.

My husband and I have fixed and flipped one property about 3 years ago, and are looking for one to fix and rent out (and use for vacations) at the NC coast.