Its good, didn't need a full remodel and tenant stays there 1 day a week because she travels for work.Now I am ready to pull my equity out, move onto the next project.

It can be a very good passive income even if I have to figure in my traveling cost against the 20%.

If you travel to another state, you can make a post, find a Subto member in that city and feel right at home.

Even if you have to travel a couple of hours, you have a much better chance of finding someone.How to approach a mentorOnce you've found a likely candidate, it's time to reach out and ask.

And if my credit hadn't been good enough, they could have charged me twice that much.I had to have enough money to travel back and forth to interviews with the property manager, and the housing authority interviews, too.So, my point is that - you can be really picky, even if you agree to accept Section 8 tenants.But, if your property is the type of property where nobody in their right minds would rent it - unless they had absolutely no other options - then don't buy that property in the first place.If it's too late for the above, then try to be super picky.

It will take travel and many hours on the phone to find the right team in what ever area you decide to invest. 

Gino Our major presence is in one market.We have an in-house Construction Arm that travels to between our main market and some satellite markets.We build and vet property management teams in Satellite markets before taking down deals there.

So with all that, I'm thinking to open booking now for next summer with a 7 day minimum, see how it books out, and by late winter/spring I can reduce it to a 3 day min to fill any remaining weekends, and then work on filling mid-week vacancies as summer approaches.We were leaning towards Fri-Fri, but Michael I like your suggestion about the Mon-Mon option, which could be nice because renters would have the weekend to travel and then begin their stay on a Monday, then they would end their stay on an upnote with a long weekend...But with either Fri-Fri or Mon-Mon renters would probably need to take 6 days off work...Sunday-Sunday might actually be better because renters would only need 5 days off.  

I work random jobs and/or travel May-November. 

It’s essential to make your property appealing to traveling professionals, such as nurses or corporate employees.