As GPs, we owe it to our partners and stakeholders to keep communication clear, honest, and consistent.

Is all this covered pretty clearly in the gov't handbook for landlords?

Etc.Etc.I've found that when you can get crystal clear on what your ideal good deal looks like, it is MUCH EASIER TO FIND IT!

The typical income from a free and clear rental would probably be $800-1500/month - and on a financed rental probably $300/month on a good day in today’s market.  

Even if they do not, it’s not your legal responsibility.Long version: It actually depends on your method of payment, and it’s not always clear.Credit card payments: clearly not you problem, no 1099s needed.Zelle payments: you DO need to send 1099s for Zelle payments.PayPal, Venmo and Cash App payments: this is where it gets tricky.

I think you can go as high as 15% but it's cutting into your margins and depends if you are a GC yourself or not. 150k is close to a million or more.

Just looking at Zillow I’m having a hard time making the numbers work between prop taxes, insurance, management on 20% Down vs cash currently earning 5% (albeit that 5% going away soon with rate cuts)  To be completely honest, there's not much right now that will give you decent cashflow without getting into a full rehab.

Instead, create a landing page tailored to your audience with a clear, irresistible offer, such as:"Get a Free Price Comparison Report for Bulk Orders in [Industry/Location].""

(For example, when I confirm a booking, I repeat all the disclosed guests and dogs or put in "zero dogs" and request any changes to those details be made in writing in advance so everyone is clear.)

This way, you can easily revisit details and pick up right where you left off.Avoid cutting corners to save money, as it often costs more in the end.