Savoy investors use them for additional fire power when buying deals.

They're doing well enough to give up 20%-30% of gross and all of the cleaning fees? 

Financial freedom requires a passive income that meets three requirements:Your income outpaces inflation: Inflation continually erodes the purchasing power of a fixed amount of money.

It has separate power (zoned commercial) and the rate I pay is cheaper than the main house. 

Looks like they charged my guest 11.2% on my nightly fee + cleaning. 

Depends on your state and I'm assuming you have the basic stuff about lease termination, eviction, etc.A few we like to add:- if you don't change filters, then tenants pay for a full duct cleaning- charge an admin fee for all HOA notifications, not just violations- Clear tenant responsibilities- Fees for adding or removing tenantsBest of luck!

Our team is looking for recommendations on cleaning services in the Manistee/Irons, MI area capable of tackling our AirBNB listings.

I knew other agents, customers and clients, would also see the potential in this deal, so I had to come in strong with a clean contract.

The investment is the down payment plus the closing costs: 40,500+5500= 46,000.ROI = 4297/46000 = 9.3%GPT doesn't understand the power of leverage?

We learned that even minimal investment, such as a property clean-out and cleaning, can yield substantial profits.