How many times can you spend $1500 to get an 88% return?

Pairing a smart lock, such as the Schlage Encode, with Hospitable saves so much time since Hospitable seamlessly automates door code management by creating unique codes for each guest reservation and then, subsequently removes the codes after the guest checks out.

Quote from @Colby Burns: Long time reader and first time poster.

I was under the impression that FHA is first time home buyers.

Third, If you want to offer an alternative (which you're not required to) - If you have a PM plaform like Baselane or RentRedi (free for BP Pro members) you can offer credit boosting for tenants that pay on time.

I'd say start the process of securing your HELOC if you havn't done so and spend time analyzing deals and determining what type of investor you are looking to be. 

Cash for keys, screening, and lease enforcement seem crucial, no doubt.I’m curious, though—I've been in rooms with pretty successful multifamily operators, and many of them actually frown upon eviction because of the cost, lost rent, turnover expenses, and time.

@Christina B.Hi thanks for your comments and link.Your message is very timely - we just got our first booking - was so excited after the deflating scam booking inquiry.

Don't forget to annually mark time for vacation or family time.You might consider hiring a teenager part time if there's something that is time consuming (for me, putting out 20 open house signs then picking them up).Best to you!

And i've only done it three times.