Simultaneously improve our process and communication systems. 4.

The plan was to pay cash, refi out and use that to improve the property. 

Without a mortgage, this decreases the risk of a rental vacancy and improves cashflow.

Now, say in yr 2 you have to do added work and spend another $10k of improvements.

Owner needs cash for some improvements, but if he refis interest rate is 11%.  

We've been continuously improving it, but it has been working exceptionally well for us since we hired a developer for the complete build-out a year ago.

A HELOC is a great way for you to self-fund the improvements.

Hey @Bailey Rentz, I'll say that we use QuickBooks Online exclusively for all of our Clients and they are constantly working to improve the bank feed feature and specifically the connections.

Interest rates atm seem quite high so will ride this out a bit longer (and ratios will continue to improve over time.) 

--reach out and thank them upon getting the booking and ask if they have any questions--send a "Welcome" email or automated message during the week prior to arrival--reach out the day after arrival to ask how everything was the first night and ask if there is anything that the property needs--reach out at the end of the stay (that morning or within 24 hours) and ask how everything was, anything to improve, anything to add to the house and then offer an incentive for returning guests.My 2 cents,Mike Absolutely stay in your place as Mike said.You will see things the cleaners will never let you know about.We stayed in our PF will putting up the Christmas decorations and found a cracked plastic shelf in the fridge.