If you plan on holding and leasing the property, it also allows you to have one bank account to collect rent and pay expenses that way, which is much cleaner for accounting purposes.

This guy said that he would identify a specific neighborhood, then partner with 3-4 local businesses (pizza shop, cleaners, ect) to advertise on the back of his post cards.

It would be cleaner to do a new lease but much more time.

One would have to build relationships with repair vendors, locksmith, cleaners, etc, in that market.

So if you had a licensed inn or hotel, all suites of 3-5 bedrooms, say 5 suites, for a total of 20 beds, property has a pool as well, no front desk/concierge, What would you pay a property manager to basically manage the cleaners (come at end of each stay, and for a fee on demand), respond to inquiries/complaints, handle and schedule maintenance/repairmen, handle bookings and do the marketing function?

Hi Todd,That's an attractive looking building.Find a good stable tenant, and possibly offer some of the build out needed (if you have to--you may not have to).Just from a first glance, some tenants that come to mind would be:1) Auto Insurance Office.2) Pizza shop, owner operator, take out and delivery only.3) Dental Office (probably with a repaint to tan with brown trim or etc...).4) Dry Cleaner, drop off and pick up, where clothes are sent to main plant elsewhere by truck.5) Daycare, with attractive fencing if outside play area and parking are both available.6) Local Government or local utility branch office for payments.7) Meeting hall for the town Elks, Moose, VFW, Masons, etc...8) Realtors office.9) PO Box Rentals.10) Co-working space.11) Local Trendy Coffee house.12) Office HQ for your local Democrat or Republican or other party.Good Luck!

Though, if your running a smaller operation and would like a cleaner interface with less barrier to entry, I would choose Call Tools.

I would not.If you can avoid conflict of interest and legal jeopardy bird dogging for a fee may be a better/cleaner route.

The logistics are semi consistent; VRBO and Airbnb will be the same, handling inquiries and cleaners will also be the same.

Hello-We have 1 STR in Door County, WI and our cleaners just informed us that they are not going to clean for individual STRs and only focus on their property management clients.