STR Property management is common and I know a lot of folks doing this.  

Tenant covenants and agrees to pay interest at the maximum lawful rate or eighteen percent (18%) interest, whichever is less, compounded annually, on all unpaid Rent, damages, and other amounts owed by Tenant, excluding late fees, from that date of Landlord’s final accounting until such time Tenant pays all such outstanding amounts.

Which is better way to legally structure the properties for protecting assets against tenant lawsuits.

If a storm damages the roof before you begin, but a new roof was in the budget, you've lost nothing.  

I have had a long term interest in purchasing an investment property and I'm looking to be smarter about this.

@Venka Pulla It’s frustrating when a property manager isn’t meeting expectations, but transitioning to a new property manager is typically straightforward if you follow a few steps:Review the Management Agreement: Carefully read your current Property Management Agreement (PMA) to understand the termination process, including any required notice period.

We now invest in the Detroit market place where we have established a great team on the ground and are finding properties with great numbers.

Is the process the same as buying property in Canada?

I came across this brand new property, in a great intersection that’s leased out to LazyDog restaurant & running well.

Focus on absentee owners and start with the ones who live the farthest away and only own one property in the area since they have the least use for the property.You can also drive for dollars, looking for anomalies of disrepair and then look them up in the tax records and use a site like Spokeo to do cheap skip tracing.