You need a lot of units under management to pay a maintenance tech 40 hours per week.When determining when to hire a PM or ops team member, that greatly depends on how much revenue your units generate.

Time is money, and delaying a renovation often means lost rental income.

There was no debt on the land and she lost the house so I swapped her the land and she kept the house free and clear..

This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.

I think the 2 biggest hurdles are finding the right team to do the work, given you won't be there to monitor it 1st hand.

I will talk to the tech team to see what the cost to implement a solution like this on new arrivals could look like.

Even really skilled operators are left with no back up plan because they can't pivot to LTR in that market, can´t fetch the price they paid because the STR has lost some steam and was bought using nightly rate numbers etc.

They don't mention anything about paying payroll taxes, workers comp, complying with laws, etcReal estate agents can have a team around them where they do have employees if they have admin/support or marketing team.Regardless, if you want to interchange small business for commissioned sales people in my post you can.My post was mentioning that service providers in the real estate space are incentivized by their advertisements as it will increase their annual income.

Decided to grab another one there since we've already built out a great team and the lift to get it running will be light. 

Because of the smell from his unit and general hygiene, we also lost a tenant who didn’t want to live next to him anymore.