We're not there to monitor or do any quality assurance on his work.

If the cap rate shifts to 6%, your return drops slightly but remains robust.It's essential to monitor these rates closely, especially given the current high-cap period with potential for recovery.

- I checked around and don’t see my place listed anywhere, I wonder if there is any good practices of monitoring? 

When large companies, like Home Depot get hacked (40,000,000 customers) and they offer 12 months of credit monitoring, as their way of making things "right" - that's not enough to offset a lifetime of a compromised identity and all of the headaches the come with it.

If the water heater is leaking one cup a minute and going down the drain, they can shut it off or monitor it until Monday.

I have been monitoring the Fed's statements regarding the possibility of rate cuts this year, but it seems to have been deferred, or who knows.

Monitor your investments on a regular basis; keep track of costs and profits; watch the market trends to enhance your portfolio.Good luck!

If you plan on managing it yourself, you want to be close to monitor any improvements and get familiar and comfortable with the entire process.

Property Managers are just like tenants: you need to know what a good one looks like, screen until you find a good one, understand your contract, monitor them, enforce the contract, etc.

Time would be the biggest variable.Assuming the same repeatable services will have to be provided for STR & MTR, that are not provided for LTR, the costs may not be that different.Taking care of lawns, monitoring & paying utilities, taking calls, etc.Some services will be the same, but vary in frequency: cleanings, resupplying amenities, responding to inquiries, bookings, granting access, etc.