Significantly longer tenancy is another, which reduces turnover and cuts down on our turnover cost, which is our single biggest operating expense.Like I discuss in the video the ROI on finishing a basement is pretty terrible, but it ads to the life style we are looking to create.In terms of rent, this is more than double the median for Milwaukee.

One of the biggest factors for people's pace is their risk tolerance.

What other downside is there to using a service like this?

The biggest piece of advice I can give you though is to ensure you have an honest and trustworthy team in the marketplace you are about to invest in. 

One of the biggest - and often overlooked - responsibilities of STR ownership is risk management.

The biggest real estate boom I have ever seen in my life.

Hi Chealsi, I like Columbus Ohio because I see it being one of the biggest metropolitan cities in the next 10-20 years, all signs are pointing here!

I am now seeing the downside of syndications.

However, the rents are slightly lower and could potentially wipe out your monthly cashflows with one major repair.As for higher appreciation market like West/East Coast, it's more expensive, but rents are higher due to a strong labor market, there will be a certain amount of demand for those markets, but the downside is that you will need to be creative by adding more values for the property.

My biggest concern is how to structure it to maximize positive benefits and good will without sacrificing too much "control".