Managing the property yourself can save money, teach you the ropes, and give you firsthand experience dealing with tenants and operations.

Any additional screenings or criteria should be consistently applied to all applicants to avoid potential discrimination claims.Rental application fraud can be a significant threat to the financial and operational stability of running and operating a property.

The house needed significant updates, so we tackled the kitchen with new cabinets, countertops, and appliances.

Hi everyone, Hoping to connect with someone who has experience renting to or operating residential care facilities. 

One other disturbing thing, they send me a spreadsheet to dump my data in, then 2 weeks later we can use it. 2 Weeks, so we just stop operations for 2 weeks?

But it gives you a chance to get a fresh start....make your place nicer, replace appliances, new paint, get rid of carpet and replace with LVP, Etc....

If you’re using leverage, be extra cautious with your underwriting to ensure the deal still works at today’s rates.Economic Uncertainty: Inflation, potential recessions, or shifts in demand could affect rents, vacancy rates, and property values in some markets.Increased Operating Costs: Rising insurance premiums, property taxes, and maintenance costs can cut into profit margins, particularly for buy-and-hold investments.Regulatory Risks: Some areas are increasing restrictions on landlords, particularly short-term rentals.

Operating in an industry where "we track time," I can offer a few hopefully helpful tips:1.

As long as you're doing that, there's always a risk, and 50 years from now it will probably be illegal everywhere to operate STRs in residential zoning, just like it's illegal to operate a steel mill there. 

With that said I am looking to do minimal work to renovate the home such as painting and adding new appliances.