Another struggle i have with STR is replacing small items continually which ties back to pricing.

Some of the best investment were made in bad neighborhoods and higher crime rates then as usual the area becomes gentrified and continues to grow in both equity and passive income.

Will they continue paying market rent for a mismanaged property. 

@Jonathan Klemm my hope is to continue to look for opportunities, primarily multi-family but also SFR. 

Building out the systems to continue to track inputs is exciting. 

I am preparing to attend their next meetup towards the end of the month and will continue looking for more ways to stay engaged.

Use STR-specific insurance to protect both parties and automate operations with platforms like Airbnb, TurnoverBnB, and PriceLabs.Taxable income from the STR must be reported, but you can deduct related expenses like cleaning, utilities, and furnishings.

This is the kind of thing the bank you keep all your operating funds in should be happy to help you with. 

Amy Vaughn continues to serve on the Company's Board of Directors.In 5/21/2021: Director - Amy VaughnAmy Vaughn Serves as a Director.Ms.

I do not know PL too much but I know it is the most popular for small unit count operators.