First and foremost, ensure all terms are clearly outlined in the promissory note.

I used some photos with a similar aesthetic but made it very clear these are not the final photos.

Also, you don't need to clear the 1% rule to break-even.

You haven't made it clear the length of time so far. 

Either way, clear communication with the guests about who’s managing the property is key to keeping reviews and satisfaction high.Permit Timing:The permit delay makes things tougher, but if you buy the furniture and keep future bookings, you might be able to use that time to update décor piece by piece without fully shutting down operations.

Of those 11, only one had net loss, and clearly the others did very well with outsized returns.Of the 45 that are still active, the returns have been a little softer the past two years, and we had two small capital calls.  

@Melanie P.I need to unpack & clear some things up from your last post for Bigger Pockets viewers.

This seems pretty clear that LL gets to select the area(s) to be painted and the color.  ”The areas designated for painting should be painted thoroughly to ensure that no previous color is visible.

I'm an IT guy myself and clearly not against automated systems, but that can misguide you if you don't know much yourself.

If you can strike a balance with mid-term stays, try setting clear end dates to avoid cutting into your peak-season potential.