I usually suggest to my clients the equivalent of 3 months’ rent held in escrow and double the daily rent rate to be charged in the rent-back agreement starting after agreed upon move-out date if they are not out, with seller maintaining all utilities and repairs on appliances and systems until move out, especially if you’re planning to renovate, anyway.

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.

We also have an operating agreement that states that I will be handling the daily operations and I'm basically in charge of the whole business.

This is not possible for self managers but get on as many as possible.2 - Daily pricing updates. 

Everything still looks good.Zinus Green Tea mattresses are excellent.

It’s also helpful to find an area with good property management options so you’re not tied down to the daily grind of managing bookings and guests.When you’re looking at potential properties, make sure to really crunch the numbers.

Thanks I have originate many of these AIO loans for almost a decade so I am familiar with the products, the pros, the cons (nothing is perfect), the qualfications needed, how to utilize them, etc.I dont use the AIO personally however Implement a similar strategy manually using a commercial line of credit which is similar in that its based on daily interest (Rate/365Xdaily balance = daily interest cost).

I help investors like yourself on a daily basis.

Quote from @Adriana Collado Hudak: This is discussed almost daily and you'll get bad advice almost every time.

The appreciation and deferred profit from 1031 exchange or whatever, I consider that future "checking account" money that  I will tithe on when rents or sales will become my daily income.