For instance I had a special case where I billed the tenant an extra expense monthly on top of the automated rent collection, so I add it as an expense and it would automatically email them and notify me when it was late of course.

Additionally, ALE Solutions (housing relocator) offers a "Preferred Landlord Program" for priority placement within their network.

I think a 200%+ return was unlikely the whole time, but if the deals did exceed that hurdle it was a 60-40% split on any addition gain.

However, these are advanced techniques that are rarely as easy as they sound, and they all come with additional risks.

Because at some point you may additionally have a major event/appliance failure and a large expense will make it even more expensive mistake. 

@Natalie Johnstone My former employer who was a privately traded company that owned over a billion dollars of real estate and had an ancillary management business with revenues that exceeded $100M annually would sometimes form entities in Delaware because business cases are tried in front of a judge w/o a Jury and case law that's applied to decisions is very well developed in the State.

I would reach out to the assisted living houses already in your neighborhood and see if they are looking for any additional properties to lease.

Employing the services of a property manager can help boost your business as they provide support in handling the property and could also co-host the property along you.

She'll be presenting a variety of topics and open discussion, with the goal being "Make your STR stand out in a competitive market".What additional topics or specific questions should we be sure to answer that you wish you knew when you started buying STR's? 

A higher down payment also demonstrates the buyer’s commitment.Flexibility: You can adjust the down payment based on the buyer's credit history, employment stability, and ability to pay.2.