You should definitely check out Avery Carl's BiggerPockets book "Short-Term Rental, Long-Term Wealth" https://store.biggerpockets.com/products/short-term-rental-l...There is a lot of amazing insight into everything to think of while operating an STR.

So knowing scope would help narrow down on risk mitigation tactics.I guess at the end of the day, it all comes down to knowing what is needed, order of operations, and having as close to true quotes from reputable contractors in hand.Beyond that, really knowing all that is needed and having those extremely detailed scope of works for each trade before you get your bids.  

Quote from @Michael Lynch: People rarely talk about the amount of effort involved in operating a STR.Never sell a property unless you have a clear plan to reinvest the money into something that will perform better or move you closer to your goals.

I would consider allowing someone to arbitrage a rental house of mine for STR it if it were empty and I was having a hard time finding a tenant. 

A good number of homes in the surrounding area have been renovated and are fetching $260k+ in SP....however I'm having a hard time trying to price mine for market.

It's never been a problem, but with the rise of cryptocurrency mining (electrical intensive) and some specific types of indoor horticulture activities (electrical and water intensive), we felt it would be good to hedge against those admittedly small risks.

Hello Everyone,I along with 2 other buddies of mine created a multi-member LLC to wholesale and refer real estate to agents.

How about "Beyond The Pro Forma" - Hidden expenses and revenues/opportunities as you operate/asset manage a property....

@Evan Polaski  Thanks for the informatiinI plan to do light rehabs with a known contact of mine and we split the profits.Only planning on smaller rehabs like maybe buy  a 250 K house using HML and do light rehab

My Realtor has since voiced that there were bad operations on the team and multiple mishaps with other clients — Realtors putting amendments in front of clients the day of closing and their inability to effectively communicate with clients the amenities of the units.