Hi everyone,I have a few questions around material participation for an STR:1) Activities that count: does anyone have a list of things we know for sure count (eg based on court cases?)

Since I cannot evict your tenants, I would be forced to take you to court and evict your mobile home.

Unfortunately, they haven't had much success when they actually go into court trying to enforce it.

While you shouldn’t categorize all tenants and it’s the landlords responsibility to properly screen, the tenants who reside in better situated housing and pay higher rents are more financially responsible meaning lower rate of rent loss and will generally take better care of the property which combined will result in less time allocated towards management functions if self-performed or more favorable management fee structures if 3rd party management companies are utilized (which ties back to #1, as well).

Not at all-Just deliver what he took money for -Plans for an efficient functioning of the building.

Stessa is great - it really is only missing maintenance request functionality - that's the reason I signed up for buildium.

Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.

If an MTR operator skips out on paying rent owed, the property owner can sue, and the lease's protections will help in court.

No foreclosure or court action required.3.You might also consider depending on where it is, no electrical or lighted signs if that might be a consideration to you. 

For that reason I built a full-functioning cash flow model taking into account hard money, the mortgage refinance and all relevant operating expenses to assess monthly cash flow.