Do you have tips for structuring short-term leases that protect me as a landlord while accommodating their needs?

The process protects both their system and users against fraud and aligns with banking regulations, especially given the financial data involved in property management.

Holding properties in an LLC (or other legal entity) can offer valuable protection for your personal assets, so I understand why you went that route.

Many players will not have your best interests at heart.

The laws protect vs detract the operations.

Let’s hope that guaranteed protection comes through.

There are so many scams out there that we have to protect ourselves and unsuspecting tenants before allowing a showing.

To invest out of state successfully, focus on building a strong local team (agent, PM, contractors), automating deal analysis, and using contingencies to protect yourself.

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

Ensure you understand local regulations regarding permits; it’s usually a good idea for your associates to form an LLC for liability protection, but individuals can do renovations as long as they pull the necessary permits.