Quote from @Kornelius Friske: We have a STR located in peoria AZ. it's 6 beds (garage conversion) and about 3900 sq ft in total. our energy bill last month was $450 and has been hovering in the $350-$450 range since we went live in august.

It was a great crash course on the basics of a RAL business from location, staffing, patient selection, and branding.

Out of the 300 properties I manage, we only had 1 eviction last year.

Since then I have located the area where they entered and sealed it off, however I'm having trouble killing the ones currently living in the attic.

There is a huge land spot located in Tangier, it's close to Hilton hotel and train station.

There is a huge land spot located in Tangier, it's close to Hilton hotel and train station.

The most reliable method to locate liens and their positions is to conduct a title search through a title company.

-----------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

I agree that the best way to make money is self manage your short term rental (not AirBNB, that is a platform).

It was the worst house in the best location. 5 acres just above a lake outside of a desired town.