Another "perfect storm of uncontrollable events".With both failed deals they are pointing blame on poor performance from the companies they hired to manage the property and to do the renovations, which raises a few questions:1) how can/should LPs perform due diligence on these to be hired companies?

Based on what I'm seeing in some FB groups (don't intend on buying here), there appears to be a lot of scammers.

There is no perfect software out there.

Cleaning and inspection tasks are auto created in Breezeway based on check out dates and assigned to my cleaners so they can see it in their Breezeway account.I could make this simpler by removing either Hostfully or Hospitable since they offer a lot of overlap features.

You just have to deal with lead base paint inspections and random rental inspections now though.

Underwriting will assess the performance and appraisal of the property based on traditional long-term rental comps.

Quote from @Salvatore Ross: When it comes to finding the perfect property to manage/co-host, what’s on your must-have list? 

If the subject floor is not perfectly flat, pour a self-leveler over the existing flooring (read the instructions on the bag FIRST). 

However, I just purchased a 5/2.5 perfectly situated next to a larger university in Chattanooga and it has been very hard to find tenants.

Great property, perfect setup for a duplex with separate driveways, entrances, back patios w/ storage, brand new roof, plumbing, newer HVAC, appliances, flooring, etc.