I provide short term rental furnishing and renovation finish list that includes paint colors, light fixtures, cabinets etc.

Hi all! Excited to join the BP community.
About myself - I am a principal of a RE development company and co-founder of an proptech company. 
On the RE side - I own/developed 2,000 residential units across the Unite...

Lilia’s breakdown of what to consider before investing is something I wish I’d read when I started.To add some color, I had a client a few years ago who purchased a duplex in Austin with a plan to hold for 12+ years.

Most investors have rose-colored-glasses when it comes to their neighborhood quality.

Hi @Ashley MillerBanner Elk is a great place for STR due to the busy summer season, ski season, and fall leaf color season.

@Joe Villeneuve @Theresa Harris, thanks a lot for taking the time and provide some info/ideas/suggestionsTo give you some color for these properties, there is a 15 years-plan that my wife and I are planning to have arround 5 to 7 properties in the same $$$ range (-+ $200K) that we can rent them around $1600-$1800I believe after 10 yrs, I am expecting to a better cash flow considering some loans will be paid in full, but maybe the next properties will have as you suggest 30 year-loan. 

I have an STR in Niagara Falls and it does pretty well based on the purchase price. 

Wanted to introduce myself.

This seems pretty clear that LL gets to select the area(s) to be painted and the color.  ”The areas designated for painting should be painted thoroughly to ensure that no previous color is visible.

I'll admit upfront that I would never own rental property in CA, so that colors my response.I'd offer the tenant up to $10K to leave immediately, keeping the eviction off their record, then sell.