Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.

Most new construction deals require you to give up to a 10-year warranty on some items while most fix and flips come with very little extended liability after the sale excluding gross negligence which is not stopped by an LLC in any case.

Do my guests really need a (insert item for the home here)?

Review what happened and determine why each item was above or below your expectations so that you can properly plan for next year.Review your prior year goals.Did you buy all of the properties you set out to purchase?

There’s normally action items that can be implemented into your management process that are more effective. 

With that being said, in a worst case scenario, you can always hire a property management company to handle the day to day items if it comes to that. 

.- Tenant takes care of most of the fixes and repairs for the property, except for large ticket items that should have been taken care of before the tenant occupied the property.

If this is a big-ticket item, you might consider legal action against Airbnb.  

Protection from lawsuits is a big item to consider as well, especially in higher price range properties. 

Compliance items such as adding smoke detectors, hand rails, fire resistant garage entry-door and new stairs outside.