Streamline your communication process to secure quality tenants.Focus on QualityThe condition of your property matters more now than ever.

Pay the bill yourself, then reimburse yourself by charging the tenants based on a formula.

Avoid basing it on uncontrollable factors like taxes or insurance.

Lendbase’s communication was terrible and delayed.

Pay the bill yourself, then reimburse yourself by charging the tenants based on a formula.

However, if you clearly communicated a $15K budget, I’d stick to that and ask them to discuss the overages with the contractor to find a resolution.As a side note, always try to maintain reserves for your properties.

But it might be a good idea to raise rates each year or so by $50 to $100 because it can communicate that you aren't completely checked out, and you value your property, your time, your investment.

Of course this all depends on YOU setting the base rate and all the knobs and triggers most appropriately.

Quote from @Cosmo DePinto: When applying for a DSCR loan, can you base the rent off a section 8 tenant?

I just set up my vrbo account and still some finer details about planning the communication, cleaning service, maintenance persons, etc…