OOS investing has operational inefficiencies, because you work remote.

A small number of minor picture hanging holes or command strip usage on a wall is not unreasonable and would be considered normal wear and tear virtually everywhere. 

This approach will allow you to focus on the financial benefits rather than the day-to-day operational tasks.Additionally, consider how this rental income will contribute to your overall financial picture.

It sounds like a few people on this thread don't really understand how PMC's operate or why they may charge extra fees.

Hi, we are a small operator with 14 doors and Grasshopper told us we can't send texts anymore because we don't have a website.

I see a conflict of interest in your role as fund manager and principal in the “operating” company.

From my understanding, as long as you intend on doing a STR when you close, there are no rules against changing your strategy after closing, especially if you find that something else is more profitable.So in our case, the lender determined an STR would bring in ~$3500/month (with all of their conservative factors), but now that we operate it as a huge 3300 sqft Co-Living property, it actually brings in $7000/month.

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

Common tasks include guiding (for example, blind, severe physical disability), alerting (severe diabetes, seizures), retrieving/operating (pushing buttons, switches, etc).

It would be ideal to chat with investors operating in the Midwest, but I welcome anyone's perspective on BRRRing from a considerable distance (plane flight away).Thanks!