If you plan to manage remotely, then find a good PM or have a trusted team that can inspect your property regularly - and be ready to pay them.

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

I specialize In helping investors like yourself locate, and secure investment properties and provide a hands off experience along the way.

Wealth Building: Paying off the first STR focuses on cash flow and financial security, while buying another property focuses on scaling and wealth building.

So the duplexes are in more quiet secluded areas and rent to more of your regular 9-5 workers there are more than people think but not much for sale. 

Just swinging for the fences herePortfolio Loan or Blanket Loan: Use the combined equity of both properties to secure a new loan.

On 12/19/2024, we sold it for $99,000, securing a great return.

If you see work crews reaching out, ask the person in charge of securing housing where they go looking.

This is exactly why you take a security deposit.

It's simply factual:  you violated the lease by smoking, stop it, remove the resulting odor and that a repeat action could result in eviction and loss of security deposit.