Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.

Secondly, the appraisal often notes functional obsolescence because of this and a lack of a common area.

Purchase price: $625,000 Sale price: $700,000 I’m excited to share my recent experience with a wholesale investment in a single-family residence located at 875 N Michigan Avenue, Chicago, IL 60611.After purchasing the property for $625,000, I focused on strategic renovations that enhanced its appeal and functionality.

From my perusal of what the software offers, it appears to be quite comprehensive both on the management and accounting side and the monthly cost is not excessive.However, I wanted to check in with fellow investors on this platform to see if anyone is currently using or have used STESSA and what has been their experience, particularly on the security, functionality, user friendliness and stability of the online software system.Many thanks in advance for your feedback. 

That you state in your finder's fee contract with the owner that your sole function is Only introducing the buyer or investor to him/her.

Excessive complaints or three violations in three years could lead to losing the ability to operate​.Impact on Neighborhoods: Non-owner-occupied STRs (Type 2) may cause friction in residential neighborhoods, as they often function like businesses, which can disrupt the local community atmosphere.Recent Regulations (2024 Updates):1) STR operators must obtain a permit for either Type 1 or Type 2 properties, depending on whether the owner lives on-site.2) Platforms like Airbnb are required to remove any listings that lack a valid permit.3) New noise and occupancy regulations apply, with stricter enforcement through permit revocations and finesThese regulations are part of the city's efforts to balance the benefits of STRs with the preservation of neighborhood quality and local safety standards.4o

I have no need for the rent collection or tenant screening as this is a function my property manager does for me.

The cancel function is not working and I was forced to pay over 400 for service I did not want.There is no customer service number to call.

We manage several 'hybrid' properties in Indianapolis, where many function as STRs for the majority of the year and shift to MTRs during the winter months.

If the cracks are big enough to create a tripping hazard or the floor is so uneven it could cause someone to fall, then I would want that fixed.If it's safe, then I want to ensure it is functional.