Here are some practical steps you can take:First, make sure you have a clear and comprehensive written agreement.

For enhanced returns on a RELATIVELY passive basis, I have had success with FURNISHED LTR, as well as 3 - 6 month leases.  

Prioritize high-ROI renovations such as kitchen and bathroom upgrades, flooring, and enhancing curb appeal.

I agree that choosing a style that enhances the property's appeal is key.

As I run my STR mgmt business, I figured I'd simplify and share my company's comprehensive list of daily tasks that we believe deliver the best results:1.

Climate rankings for all 48 states from Policygenius**:https://infogram.com/best-and-worst-states-for-climate-change-1hd12yx3orgyx6kCensus Bureau migration data*:https://www.census.gov/data/tables/time-series/demo/geographic-mobility/state-to-state-migration.htmlZillow press release on adding climate data: https://zillow.mediaroom.com/2024-09-26-Zillow-introduces-First-Streets-comprehensive-climate-risk-data-on-for-sale-listings-across-the-US

Buildium offers comprehensive property management and accounting features, so many users find it sufficient to replace QuickBooks.

Acquire comprehensive knowledge, and then consider moving into the niche of distressed properties.OR Consider Passive Investment: You might want to invest with established, publicly-traded REITs specializing in distressed properties.To all the aspiring women out there, your aspirations are valid, and your dreams matter.

.--- Tactic 2: Quality and Aesthetics: He emphasized high-quality construction and appealing design, enhancing long-term value.--- Tactic 3: Strategic Land Acquisition: Bren acquired land in strategic locations, often before areas became highly desirable.3.

Abel Hi Abel, Thanks for your comprehensive response.