That's why we encourage all clients to review their policy documents and send them a Monthly Inventory Report.

We use Kwickset Smart Locks so that we can quickly re-key the property whenever needed and have access to the property at all times.We have a lockbox attached to the house with a back up key in it and we charge per door to change locks.

You’ll want to get really familiar with local zoning laws, short-term rental rules, and landlord-tenant laws as they vary by town if you plan on going the STR route.Focus on Cash Flow Early On: You might be tempted to go for something that appreciates quickly, but in the early stages, it’s important to find properties that bring in cash flow.

There is very little to buy, and much of it would be better for flippers looking for quick upside turns.   

I have a unique plan for getting ADU's done quickly and economically.

Secondly, tiny homes promote a minimalist lifestyle, encouraging reduced consumption and a greater appreciation for experiences over material possessions.

Even though interest rates are high, we have a big Mircron plant coming here as part of the CHIPS act so that could boost housing demand in the coming years.I don't know the SYR market, but I did a quick search for duplexes somewhat outside of the city, and found this: https://www.realtor.com/realestateandhomes-detail/7300-Lakes....

Evictions here are quick and will definitely not take 12 months.

Use a tiered approval process to give them control over larger expenditures while enabling quick resolution of smaller issues.2.Proactive Maintenance: Implement preventative maintenance programs to reduce costly emergency repairs and extend the lifespan of property systems.3.Monthly Reporting: Deliver detailed monthly financial statements that outline expenses, rental income, and ROI performance.By handling their funds with care and providing transparency,  trust is built with owners, ensuring they feel confident in the relationship.Making Tenants Feel HeardHappy tenants are the foundation of long-term occupancy and reduced turnover.

This is a fine needle to thread because at this size, you very quickly start competing with high net worth individuals who are seeking summer homes.