However, with the frequent incidents and the persistent odor, even after cleaning, I’m beginning to wonder if this has become the norm for STRs in urban areas.Any advice or tips on how to prevent this would be greatly appreciated!

Most lenders will want to see the original operating agreement if it's an older entity to prevent the borrower from adding someone on the operating agreement to qualify for the loan.

The condo board was so upset over this, as it would ruin the market values of its condos, the bylaws was changed to prevent such occurrences.By the way, I attended many on site auctions where no one else came to bid. 

Regardless of the construction quality, that wont prevent double digit annual increases in your HOI.

Having a clause for transparency on repairs and fees in your contract can help prevent unexpected charges, so you may want to discuss adding this with your PM.

This may actually be the best method to prevent the sale from being discovered, but of course there are other potential pitfalls.Under federal law a transfer to a trust where the grantor retains the beneficial interest WOULD be exempt from the DOS... but notice how in the context outlined above the exemption would disappear.

However, termites can be persistent, so a regular maintenance plan could add peace of mind and prevent future damage.For example, your pest control company’s plan charges $995 upfront for termites and $22 per month for ongoing treatment.

It’s amazing how life can come full circle, especially with your roots in Birmingham, Alabama, where you’re now building out your next venture.Flipping homes is a great way to start, and transitioning into the BRRR strategy for rentals sounds like a solid plan, especially with the growth in select Southern markets.

Having clear, mutually agreeable terms can prevent misunderstandings and keep your options open.It’s always best to consult a real estate attorney to ensure the contract aligns with your interests, particularly if you foresee independent deals.

Instead, you have a section of the footing for the two bedrooms that isn't deep enough to prevent frost from getting under it.