With no hiding spaces.Code type locks so only renters can get in.etc..Also coin free payment system will remove the temptation for local junkies to try to pry open the coin boxes.And a monitored camera system may cut down on locals trying to use it for a Marijuana smoking den.https://stealthmonitoring.com/security-blog/tips-for-securing-your-multifamily-residential-laundry-roomAlso know that washing machines cannot be in below freezing temps, so you will need some sort of climate control as it snows in Los Angeles.https://www.youtube.com/watch?

Something a lot of first time business owners fail to monitor is their monthly book keeping.

I would say you should monitor it some so you can get comfortable with the numbers that is suggesting.

When the portfolio grows bigger and bigger, and it becomes hard to track, start creating a system to monitor and make adjustments to your reserve.

I am going to start researching the Nashville market and monitor how  buying trends are going across the country in 2022.

They have a website where you can set everything up as well as monitor your system.

**Monitor Competitor Pricing:** Keep an eye on competitors' pricing strategies to ensure your rates remain competitive without undervaluing your property.Remember, it's essential to strike a balance between maximizing revenue and offering value to guests during the holiday season.

I guess you could just leave a phone/eMails for emergency and one of you monitor it.I don't think there is any (NOT a lawyer) requirement for have a named person to respond.

I own a number of STRs and need the WiFi connected to monitor things like the HVAC (occasionally guests need help with settings), propane tank levels, etc.

Stay cheap. 5 units is not normally enough to justify a reoccurring monthly expense on software.