This is a company that will perform scheduled inspections of your rental property to identify deferred maintenance needs, dubious tenant activities (say, illegal pets, bad housekeeping, failure to change HVAC filters etc). 

Here is my situation:- I'm a W2 employee that earns north of $500k a year- My wife is a stay-at-home-spouse- I'm looking to buy ~ $1,000,000 in STR Real Estate by the end of the year (as an investment and to offset my tax bill)I'm fairly well versed in the rules surrounding using STR to offset active income.

I am actively speaking to a few sellers and will keep you posted if that need should arise. 

I do agree that having a clear timeline and budget is vital and am actively doing my due diligence with researching that subject.

You will still have issues come up BUT the performance of the other properties overcomes those issues without them stressing you if you are managing them well. 6.

As a guest, if I have to stress that there’s not enough TP, or I have to waste my time making beds (or stripping them along with a list of other ridiculous checkout chores) I might as well have just stayed in a hotel.

My suggestion would be to jot down all the activities that are taking up your time, then start researching how other STR operators have solved those exact problems.

Before you get any further, if you haven’t, I would highly recommend writing out your specific investment goals, your reason for investing, how active you want to be, if you want invest close to home etc.

Inventory is in the 5-6 month range, with 20%+ more active listings on the market compared to July 2023.

Before you get any further, if you haven’t, I would highly recommend writing out your investment goals, your reason for investing, how active you want to be, etc.