There are several hurdles during the process:Find the deal - Unless you are marketing or plugged into a community where there are opportunities, it isn't always easy to find the right dealsEvaluate the deal - Without professional guidance and research tools, it is difficult for a newbie investor to evaluate and ARV/FMV or create an adequate rehab budgetSecondary exit strategies - If things don't go as planned are their other opportunities to exit profitably.

Also, what others have said, the personal touches on what is in your place (e.g. providing all the essentials instead of having people buy TP, coffee, shampoo, etc.) and the quality of those items (no tattered towels, stained sheets, etc.).  

I second Transunion as a decent screening tool.

I've seen it with my own eyes, my real estate ventures have hit the jackpot thanks to these tactics.Now, let's dive into boosting that revenue through clever fees and rebranding.Charging appropriate fees during the application and move-in process is essential.

In addition, a trend has started in some cities (i.e Lisbon) to incentivise owners to move their Airbnbs to the long term.If you would like to do a market analysis on the short term rentals, I can send you some links of tools that are helpful (i.e Airdna) where you can check occupancy rates, average rates, etc.- long term: there is a shortage of properties in almost all cities and in some cases and that has contributed to an increase of rents and prices in double digits in some cases. i.e Mafra 10% rent increases last year and Setubal +15% price increase.

Capital raising lead generation tools, email templates, automations, and automated processes.

.- Analyze Properties Remotely: Use tools like BiggerPockets calculators to evaluate deals.

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.

Believe me, I’ve seen my share of ups and downs: from navigating interest rate spikes to figuring out out-of-state managment back when online tools weren’t half as good as they are now.

As I've learned from my experience, it's essential to consider this timeframe when planning and executing syndication deals.By carefully analyzing the real estate cycle and market trends, we can strategically time our investments for maximum gains.