Hi everyone,I’m a novice investor currently managing one short-term rental (STR) that’s been performing well.

What we have is a good spreadsheet with a list of tasks, and as they perform the tasks, I've been paying him via Zelle. 

Challenges like this can ultimately set the stage for a better-performing asset in the long run.

I see no impact at all, if the above are all performed in concert.Just like REI. 

We've gotten that advice from an old timer in the trades, but Chicago is notoriously know for lagging with issuing permits and performing inspections.  

That is if purchasing EXISTING performing investment real estate AND have very good clarity of every facet of the transaction ESPECIALLY reasoning for seller selling, AND you have decent market intelligence. 

Look at median household incomes, look at market economy base and diversification, look at what's being done to protect and grow economic performance, just run the #'s and the message should be crystal clear. 

Asana and Monday are indeed popular choices, but one tool that's come through for me has been this performance tracking tool.

Robert Lane, best real estate agent so far I Know Keep or sell comes down to performance of the investment.

Some towns require a nightly online form to be filled out for any non-residents who are parking their cars (this is easily automated from an operational standpoint).As the MTR market becomes saturated over time, those who have separated themselves from the rest of the "competition" will continue to perform well by having an outstanding listing and all the MTR-specific amenities.