“HOT” is fine as well, but anything less than hot, keep looking for another city.FIND AN INVESTOR FRIENDLY TITLE COMPANYDepending on your state, you will need either a title/escrow company or an attorney to handle the paperwork and the closing on your deals.

Hire a reliable co-host or property manager (15-25% of revenue), automate pricing and guest communication with tools like PriceLabs and Hospitable, and build a strong cleaning/maintenance team to handle turnovers and inspections.

The PM should be an expert on state law, and they should have policies and procedures in place to handle these situations.

Another one to consider is the FHA 203(b) if the repairs aren’t too major and you’re okay handling some out-of-pocket fixes.

For our ADU (garage conversion), I am handling the design/engineering and then selecting a final contractor once its permitted and ready to go. 

I've unfortunately seen too many examples where a Canadian investor trusted their Canadian accountant to handle all the U.S. compliance and it cost them a lot of headaches and money. 

Agree to allow the firm’s “entry level” attorneys handle your cases or as allowed by law their clerks?

How would you handle deductions for a long-term tenant like this?

Leasing is a specialized skill—PMs deal with this daily, making them far better equipped to handle applications, verify income, conduct background checks, and evaluate a tenant’s overall suitability.Protecting Your Investment:The cost of a bad tenant can be far greater than the cost of hiring a professional.

9) How are showing requests handled?