Hello @Yvonne Wang,The scope of work should include the following:- Basic info: Property address, client name, contractor's contact info, address, license#'s, signed general/operating agreement b/w contractor and client- Specification of repairs: Repair item, Quantity of items needed, total & per unit cost of items, taxes (if applicable), Completion hours, title of the person responsible for the repair item, written summary describing the work- Add'l info: Schedule of repairs, additional payment schedule details i.e. disbursement schedule, method of disbursement, deposits, holdback amounts, etc.The screenshot below highlights a couple of repair items.

The calculator estimates that operating expenses are equal to 50% of the monthly income.  50% is a rough guide. 

The website works to connect STR owner/operators with reputable cleaners in the area you're located.

One thing I always remind people is it does not matter what is on a powerpoint presentation, the deal is dictated by whats in the PPM, operating agreement and subscription agreement. 

Any pros/cons on either or any other operator suggestions would be greatly appreciated. 

With less experienced or just poor planning operators, it isn't uncommon that they spend years distributing all the cash out to the owners, and then the time comes for a multi million dollar refresh to maintain the hotel brand, and no one wants to cough up the money back into the entity.

I think some min level of regulation benefits everyone, including wholesalers who currently operate in no man's land. 

This is the kind of thing the bank you keep all your operating funds in should be happy to help you with. 

By the math of it, CA is making it impossible for carriers to operate in CA areas of fire risk.

Greystar Real Estate Partners, one of the defendants, released a public statement claiming they operate with “utmost integrity” and will vigorously fight the allegations.