With section 8 you can expect things to work a little slower than if it was just between you and tenant, which will make you less agile as a property owner looking to make sure you fill a vacancy and get the right amount of rent at the right time. 

Our approach has been to constantly make iterative changes and gradually increase the rate.

As an investor, you have to stay on top of market trends and be agile.

Is the sub-urb market hot enough that it may be hard to win an offer as an out of state investor (due to lack of agility which comes with distance?)?

Hey Brian, Each institution will have different ways of calculating rent.Here are just a few of the iterations i've seen: - 90% of in place or appraised rents- Lesser of the in place rents or market rents- 100% of appraisal rent- 100% of AirDNA- 125% of appraisal rent IF in place rents support a higher value. 

STRs are like every other business (minus monopolies) where competition makes things better and those who continue to evolve and iterate will win in the end.

As soon as you are aware of the guest, send a letter (or text) re-iterating the policy.

My acquaintance failed to push the case with her PM even though I kept iterating the need. 

A local architect might be helpful to reduce the iterations, but you really need a Structural Engineer to stamp your foundation and framing plans. 

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