Continuing on the north coast, another idyllic vacation rental location is Pacific City Oregon.

Quote from @Stuart Udis: As I am sure is the case with many investors, my residential and commercial leases continue to evolve.

I thought I was buying at top of the market in 2020...and 2022...but prices continue to remain high. 

You also have to be super detail-oriented, focused on continuous improvement regarding the property and guest experience, very in-touch with what it's like to be a guest at the property (and a cleaner of it as well), and focused on technological tools and opportunities. 

If you hire a PM, your financial account structure can be simpler.If you plan to continue purchasing rentals, I like some key accounts at the "management" level (income, opex, tax, owncp, reserve) and only have 1 checking account per property to prevent having 100 accounts and unnecessary complexity.

I hope bookings continue well for you

All major flippers in town have heavily compressed ARV to accommodate for the potential of the downward slide to continue.

I launched our property management operations in Texas with already established company processes and continued to build and iterate with time.

Will we see home prices continue to beat year-over-year values yet again!?!?

I have been with a property management company for 2-3 years in Arizona and the property is being run continuously at a loss.