A lot of investors start with direct ownership but later shift to passive syndications, real estate funds, or private lending to scale their wealth without the operational stress.

Focus on areas with strong rental demand, like Broad Ripple, Fountain Square, or near universities like Butler and IUPUI.Maintenance Costs: Indiana weather can be tough on properties, so budget for seasonal maintenance like snow removal and HVAC servicing.Additional AdviceKeep an Emergency Fund: Unexpected repairs or vacancies can arise, so having 3-6 months of expenses saved will help you weather any surprises.Build a Reliable Team: I have lists of contractors, handymen, cleaners and property managers if you'd like me to send.Good luck with your property and future expansion!

The rest, to me, can be a full-time job.I’m not trying to define you, Angelo, just wondering your direction and why.

Investors who take the time to define their ideal guest make smarter design and amenity investments—which can directly impact ROI by up to 53%.👉🏾 Which guest type best fits your STR?

I've been searching myself for 2 years now and have yet to find one good cold calling company, I've even tried to hire off upwork directly.

I use Rentec Direct which does a great job of tracking multiple owners/properties/tenants with the pooled bank accounts.

PHX is growing so rapidly, so knowing which direction that you'd like to focus on will definitely be key. 

Once the tenant has to pay that late fee one time they will not do it again.To answer your question more directly, start the eviction process as soon as you can and do not back off the breaks until you get payment in full.

DM me, and I’ll point you in the right direction!

Some times in between there in rougher economic conditions it was getting unexpected vacancies.