However it was not my best work so thank you for giving me the opportunity to redo the video in excel this time and very clearly educate you and your investors on the dangers of economic vacancy and the many broad assumptions you, or more accurately the guy you hired to do your underwriting, made.

As I'm new to this domain, I would to hire a consultant to perform some zoning and other due diligence activities.

This agreement is just like a listing agreement when you go list a home, you are hiring the right person for the job, so this is the same type of contract, but this person is hired to find you the right home. 

He hires and manages the trades and all the labor.

I hired him towards the end to finish the kitchen.

Quote from @Sergio P Ramos: @Jay Hinrichs did you demo it yourself or hired a company to demo?.

I’ve closed multiple deals this way without cold calling or hiring a team.

Tools like QuickBooks or even a simple spreadsheet can help you mentain compliance and prepare for audits.Reinvest WiselyScaling a short-term rental business often requires reinvestment in marketing, property upgrades, or even hiring help.

.- Once your time is more impotant to you then the cost of a PMC, you can hire one.2) Hire a PMC to guide you on your first rental and learn from their expertise.- You can buy additional properties and DIY manage those, perhaps leaning on the PMC for any issues you're not sure how to handle on your own.Good luck:)

.- Most contractors will cut corners, or worse, once they figure out they won't be watched closely:( Your job will also go to the bottom of their priority list.Monitoring progress is relatively easy: hire that same inspector to go by weekly or before any payments to take a VIDEO of:1) What was done2) Quality of workmanshipOne other thing you didn't ask about, payments to contractors.- They all want 50% down or as much as they can squeeze out of you.