It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

@Johannes Bezuidenhout Add on to Ashley's post I took the medium price bid not the cheapest and not the most expensive because the guy had solid references and also knew what he was talking about.

For example, add on impact of the rent-control measure they release this year which is a pre-approved blank check so it's anyone's guess how bad it could be but all signs are it won't be nice. 

. $10k deductible with $50k limits and no add ons. 

Most carriers have policies that will either have an add-on for the STR or if they don't the carrier will write 2 policies 1 to cover the main portion of the house, and a 2nd policy for the Short Term Rental.

Add on leverage and depreciation benefits and this becomes a very powerful business model if operated well.There are also benefits of managing the property if you have the scale to do so. 

Both products are free (with add-ons if needed).

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

One thing I'd add on is that many students have had issues living off campus near Temple.

As I grow as a investor, I might look to add one or two different vehicles for investment, I am going to focus more on finding excellent investments that I KNOW are excellent, than just diversification.