If you start looking all over the US for the perfect investment, you will never take action or you will fall prey to a scammer.

Automation tools like Hospitable handle pre-check-in instructions, Wi-Fi details, and even friendly post-checkout follow-ups, all while making guests feel like they’re receiving real-time communication.Effortless Five-Star Reviews: Automated review requests can be timed perfectly to boost ratings without the awkward "pretty please" messages.

In your case, unless you want to list it on multiple platforms, you probably don’t need the PMS and the inbuilt tools should suffice. perfect, I will be reaching out .

I also completley share his advice on a bias for action.If you are interested in a good book reference with checklist like models, check out "The Perfect Investment" by Paul Moore and "The Book on Investing in Real Estate with No and Low Money Down" by Brandon Turner, both also available in audio versions.

I stand corrected:)They do have an office in Metro Detroit and while we're far from perfect, we seem to get a lot of their unhappy previous clients.In our opinion, they built a system for Class A rentals - where tenants have 680+ credit scores and rarely have to be evicted or trash properties.They then tried to apply their processes to Class B & C rentals and that's when their service issues increased.All this caused them to recently significantly increase their Flat Fee pricing and monthly minimum charges.

That perfectly answers my questions.

There were 100% some rough years early on, to be certain, simply because it's hard to perfectly time the catching of a falling knife, but those that weathered the storm are sitting quite pretty today.

Makes perfect sense.

@Ryan KonenOne that we believe goes overlooked is courage and the courage to speak up if you have an opinion as well as be open to feedback.As a ceo I am not perfect and do not know it all, If someone disagrees with me - then say it - and know there is not a backlash or repercussions for disagreement.

People are imperfect and things like late payers is something you deal with in your approach to managing properties more-so than in the vetting process because if tenants were perfect most would be owners not renters.