This home has been highly operational with high rates of occupancy, bringing in anywhere from $500-$1500 a month in overage beyond our monthly expenses.

Airbnb operates as an interest-based algorithm, rewarding listings that grab attention and keep potential guests clicking.

Verify with the city.Personally it makes no sense that an LLC would be able to operate without being onsite when it is required.The only thing that sticks out is the grandfathered in statement.

In the six years I've owned, operated and sold vacation rentals on the Oregon Coast the investment landscape has evolved considerably. 

Quote from @Nicole Heasley Beitenman: I'm coming up on my first year of operating an MTR.

This was the assumption we operated under until December 2023.

I am glad you highlighted the management piece as this is a crucial part of buying in another market.Excited that you are stabilized and are generating cash flow on that deal. 

If you want to be generating leads from a website, SEO will help with credibility and long term visibility, and an attractive website will also help with building credibility and trust too.

Self-storage has cooled a bit in the past few years (after an insane boom the years prior), but there are opportunities if you can dig them out and are willing to do the operational legwork.

Gross rental income divided by 2 (50% op ex ratio) equals net operating income.