Investment Info:Single-family residence buy & hold investment.

Investment Info:Single-family residence buy & hold investment.

Either way, clear communication with the guests about who’s managing the property is key to keeping reviews and satisfaction high.Permit Timing:The permit delay makes things tougher, but if you buy the furniture and keep future bookings, you might be able to use that time to update décor piece by piece without fully shutting down operations.

I’d plan for extra amenities like special decor or concierge services. 

I do not think it would cost too much to tone it down howeverI got a $10k quote (minus fees) from an interior decorator recently to redesign.

Any location or decor can create a great ROI depends on the purchasing price.

I’ve read in books of people getting past having to live in the property they own so they can rent all units year one of ownership(living on the property with an rv). Are there other more creative ways to start cash f...

I did that with my first two primary residences.

Quote from @Irina Badal: I heard for anonymity purpose it’s advisable to set up a personal residence trust.

Hi Joy - Service animals can’t legally be restricted due to landscaping concerns, but you can include a note in your listing to inform guests, such as:"The front yard has decorative shells, and the backyard is turf.