A lot of investors I speak to on a daily basis say they're waiting for some sort of correction or the election.

You are NOT going to change their behavior.Charge the late fees, see if you can also charge a Daily Late Fee to discourage them waiting too long to pay.When is the lease up?

The amount of applications we receive on a daily basis I barely have time to sleep.

As for the late fee you have a cap so just make the late fee a set and not a daily amount in your next lease. 

Hi All ~ In a recent episode of Real Estate Rookie, Tony + Ashley referenced a platform that you can link to your hosting platform that will allow guests to book add-ons directly; they were advising someone who wanted to offer the option of daily passes to a local gym.I'm actually needing/would love to have something like this, + didn't know that such platforms existed.

Once again, I learn from them daily, if you didn't....

There maybe some misunderstanding, being a short term rental property owner that will be self managing the daily operations, I’ve learned that in this scenario I would need to count at least some of the time spent setting up the property to pass one of the material participation tests.

I'm investing in accounting services with Ximplifi to do this as well as building out the reports I need to see daily.

We refresh our data daily so we are most up-to-date. 

However higher cash flow is allows you to sleep well at night because your not stressed about you daily expenses.