Spell out the complete agreement of how expenses, profits (or losses), and other responsibilities are to be split—put everything in writing.Do a background check on the partner to confirm there are no outstanding liens, judgments, or active lawsuits against them.Hope these suggestions help.

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

I would recommend them to get you set up for seeing all future bookings, the listing info and data, etc. and have them deal with it or simply ask them to switch their STR software to another platform specifically for those units under management...

I've been working with job titles like construction project manager, who doesn't know a lot about construction but coordinates architects, engineers, GCs etc, the VP of RE management, who also does not know a lot about construction but oversees site selection, lease negotiations, property management, RE accounting who writes my checks and does annual CAM audits, and other jobs like that.

I have a savings and checking account for my llc, and each property, all under the same banking app.

@Jermaine JohnsonTo succeed in the Houston market, network with professionals like real estate agents, contractors, and property managers, leverage local investor groups, understand the market by researching neighborhood trends, supply and demand, and zoning regulations, use market data and tools, and start with a focused strategy based on your goals.

Have you checked out your competition in the neighborhood to see what their places look like, and what amenities they offer?

Definitely check in with your lawyer to make sure everything’s above board, but these steps should help you handle the situation while keeping the tenant relationship intact.Hope this helps!

They may offer data on properties that are bid on by third parties versus those that revert to lenders.

@Brett Deas  The issue with furnished finder we have is the radius of the searches and the data it pulls in for stats as well as matches for the property.