It was around 45 days out from the end of the lease term (June 30th) for my tenants per the lease they signed and I physically had to ask the status of my tenants receiving a lease renewal and not one, but two property managers have no idea if my tenants had been sent a lease renewal nor did the property managers make any attempt to reach out to me to check in and see what I wanted to do as the landlord with a lease renewal.

Hi Austin,As a new landlord exploring self-management, your concern about obtaining signed authorizations for verifying applicant information without a physical signature is valid.

Not sure what to do to document damage inside the house until someone can physically enter.2.

However, there are some challenges to keep in mind:Regulatory Variations: Regulations can vary widely between locations and are constantly evolving.Active Management: STRs require more hands-on management for guest turnover and communication.Additional Costs: Don’t forget about expenses for furnishings, cleaning, and possibly hiring a property manager.If you’re looking for STR-friendly areas, consider these locations, as others can be too expensive to consider, such as Snowmass Village or Aspen:Breckenridge: The most visited ski resort in North America, attracting around 3 million tourists each year.Steamboat Springs: A popular year-round destination for winter sports and summer activities.Keystone: Great for those wanting a less crowded resort experience.Divide & Florissant: Charming mountain towns close to Colorado Springs.Fairplay: Just 30 minutes south of Breckenridge, with an impressive 82% Airbnb occupancy rate.Cripple Creek: A former mining town now known for casinos and outdoor activities.Park County: Very Airbnb-friendly, though regulations may change.Here are some strategies to help you succeed in the STR market:Hybrid Model: Consider using some units for STRs and others for long-term rentals to balance income.Research Local Regulations: Always check the current rules in your target areas before investing.Year-Round Appeal: Focus on locations that attract visitors in all seasons.Quality Furnishings: Invest in quality to justify higher nightly rates and attract better guests.Dynamic Pricing: Use pricing strategies to maximize revenue during peak seasons while maintaining occupancy in the off-season.Stay Flexible: Be ready to adapt your strategy as the market and regulations change.While Colorado’s STR market offers exciting opportunities, it’s essential to approach it strategically.

My knowledge is worth 1000 times more than my physical capabilities.

There are so many mom & pops who do manual rent collection, and whose goal is to stay at 100% physically occupied!

Do I need to physically go down to the courthouse and fill a form out through a certain department, and who do I ask for? 

As for the 10% fee for overseeing setup, I understand this is in addition to the cost of hiring someone to physically set everything up.

Less than 2 percent of Americans own physical precious metals gold and silver. 2.

An architect will be able to answer those questions and perhaps be able to identify other physical and economic obstacles that won't arise when merely approaching this through the lens of whether you can obtain a zoning permit.