TLDR: I do not think Kiavi operates with good business practices.

You will be going up against larger operators with bigger budgets and more experience. 

I have managed STRs for 10 years in Los Angeles, so I understand the business and operations.

Short-term rentals are becoming oversaturated in certain markets plus anti-STR legislation is resulting in some of those properties also converting to long-term rentals.You already have the operations experience by self-managing.

It's not easy, but all successful agents operate like a business with daily tasks to attract leads and follow through on those leads.

I feel like it's a space where great operators can really clean up, since the bar is set really low, in my experience at least.

@Camille Romero Operating a rental property out of state, especially just 1, can be very difficult and costly.

To clarify, I have been studying real estate for several years, but have been otherwise engaged in operating  other businesses that my wife and I both own, both as CFO and CEO roles.

And, I think most women would choose a midwife that has gone through pregnancy.Like the OBGYN situation, there is a lot a CPA may not know about the rental business from debiting and crediting some journals and filling out line 242 on some Turbo Tax input form.And, understanding the operating details of the rental business are just as different from preparing a tax return as being pregnant is from delivering a baby. 

I’d love to hear more about how you approach finding these under-$2M properties and what strategies you’re implementing for operations optimization.