Yes The utilities and common area cleaning are included into my expanded monthly cost. im modeling this closer to a hotel than a traditional rental.

Time in the market is very important to long-term rentals and if you can learn to buy one good deal per year and become well-versed in Section 8 you will succeed.I like the model of starting with self-management.

Hey @Trey Holloway, there are products out there that fit the 10% down model, but you will have to hunt for one.I don't agree with @Jaycee Greene that banks don't finance STRs.

Partner Driven financed this project through our collaborative funding model.

This model (Dressbarn), according to Santarelli, was so successful that they duplicated it over and over again (37:44).

Our economic or social model will have to change.  

Quote from @Bruce Lynn:All this I guess depends on how much risk you want to take or not take or can afford to take.I agree there is some risk with the PadSplit model.

However, we understand that the STR model may not align with everyone’s goals, and we respect your decision to step away after a year.

I like their business model.

Also when it came time to pick the finish products (tile/stone/fixtures/etc) I would request getting the manufacturer, the model #, sku#, picture if possible...everything.