Looking at a property for a primary residence that has an income generating cottage (STR) on it.

I used to manage my own STR on Airbnb hence, I kept a majority of the payout.

Hey All-Been lurking and reading for a while.  Wife and I are about 7-8 years away from retirement (from Atlanta).  Over the years we've really enjoyed spending time on Perdido Key and are considering an investment in...

Does anyone have recommendations for an STR on-call service (not full property management), which will handle basic guest communication during their stay and handle organizing repairs (i.e. calling a plumber, HVAC, etc. ... not actually doing repairs themselves)?

.#2 could go with Central Valley (my local agent suggested Turlock), Sacramento area (was considering this area and maybe doing a LTR and MTR/STR on a duplex).

If you can use OPM on the renovation at say 7% with plan to pay the principal down in less than a year, then I would invest your personal funds elsewhere into another deal or do something with your current STR to help it stand out.From my experience, HELOCs scare me but I do know if done the right way they can be very effective.I'd be happy to chat more on your Smokies STR on how to help make it stand out.

It's anecdotal cause I don't care enough, but we have one STR on our property and are surrounded by STRs on all sides and there are folks in all every week including the heat of the summer. 

However if you want to generate more cash flow putting 15% down will help you because not only is it a lower montly payment but when you hit 20% equity they will remove your PMI.If you put down 5% I would stronly encourage you living in the Airbnb if possible and renting out the home so you can generate even more incomeIf you look at it like this it'll helpMonthly payment < Potential income + current rentIf you can move and reduce your cost of living that is always great at the bare minimum they should equal each other in my opinion because at least you'll have equity if the market you are choosing is a strong equity market.

Hey FredWe market year round STR on all the platforms (15+ total) and then also on Zillow and Furnished Finder to try to fill the slower months MTR.

Hey Johnny This topic is an interesting one and I always ask myself if an owner would be okay with someone doing an STR on a long-term hold.