Sellers may struggle to mentally shift from "owner" to "tenant," which can create challenges with boundaries and property care.Security Deposit:If you’re doing a temporary leaseback, be sure to collect a substantial security deposit to cover potential damages and ensure they vacate on time.

Their wish is to give one home to each daughter (we are three sisters). 

Hi Mike,Thanks for your response and invitation to the next investor meetup, which sounds great - but we will be in San Diego with our daughter and granddaughter from Oct. 1 -10, so we will have to miss it this month.Yes, Lee does know your wife, and he thinks she is great.

I always have a "hold 1st" mentality - you might have to leave a few more dollars in the deal but at least you'll have it in your portfolio.

I want a real estate agent with a hustler's mentality, who knows the neighborhoods, studies appreciation and deal analysis already, understands short-term rentals, and is potentially looking to be a scalable partner with me.

For context, before I learned about his 6 unit I was planning to purchase a 2-3 unit long term rental in Q1 2025 as my first of many deals with a 5 year goal of financial freedom so I can coach my daughter's high school cross country and track teams.

My daughter went in on it with us- she will own her unit, and we are renting out the other 2 units. 

I'm in Columbus Ohio and we ahve to build the same floorplan over and over and it's a group heard mentality. we build a three story walk up triplex designed for our infill lots

When I got into the STR space in 2015, I needed my daughter to be available on a full ti e basis as PM.  

It's not only the money you'll lose, it's the time you spend (I figure worth $100 hr) and the mental anguish and stress.