They had successfully implemented the same sophisticated value add around a dozen times, each time achieving returns that resulted in maximum GP profit share. 

After leases expire, landlords can draft new leases, re-negotiate terms, adjust rent, and implement policies.

While a personal account is acceptable, setting up a separate account specifically for rental income can make bookkeeping and tax reporting easier.Regardless of the payment method, always provide tenants with receipts for their rent payments.Keep detailed records of all rental income and expenses for tax purposes.Consider implementing a consistent rent collection policy to avoid confusion and ensure timely payments.Be aware of local laws and regulations regarding rental properties and rent collection in your area.

.- Automate Systems: Implement property management software to streamline tenant communication, rent collection, and maintenance requests.7.

IMHO asset protection planning is best implemented as an adjunct to a larger estate, financial or tax plan, not as a substitute.

**Implementation** - Start working on your plan immediately

They halfway tried to implement some means for presenting data in a way that an investor would logically consume that information, but they completely dropped the ball in really simplistic ways.

Screening Tenants: Implement a thorough tenant screening process to minimize potential issues.

Hey Claudio,What Robin said - it does depend on what strategy you are implementing!

I much prefer VRBO bookings over airbnb, however it seems lately that VRBO seems to be going downhill with some of the things they have implemented lately.