I completely agree that luxury rentals need to offer more than just aesthetic appeal; they need to resonate with tenant expectations and justify the premium rents.

Screening: Includes income verification and rental history verification.

Hi everyone,I currently live in DFW (Euless) and am looking to get a short term rental up and running close to home.

And CA is extremely tenant friendly so it's not a great place for a rental. 

With 20 years of experience managing 30+ long-term rentals, a few STRs, and running a property management company in Central Florida, I’ve learned both have their place in a portfolio if you diversify based on your risk tolerance and the timing for your goals.

If rent payments are missed or damages occur, this gives you legal recourse against any or all tenants.Best Practices:Professional property managers, like those managing rentals across North Texas, always screen every adult living in the home.

@Ricky Hernandez  We bought in two different communities that had no rental restrictions then later imposed cap of 10% rentals. 

The rental income at purchase was $8400/mo. 

So you can have section 179 losses for your rental even if the rental isn't generating positive taxable income, as long as you have other active income. 

Hi All,I know this question probably comes up often, but I wanted to ask: if you're using QuickBooks to manage your rental properties, which plan are you using?