However, I’m wondering if I need to engage an Attorney a borrower has missed a payment and it’s time to send a Notice of Default.Must the Notice of Default (NoD) be a letter sent certified mail or would an email sent to the borrower notifying them of non-payment be considered sufficient as a Notice of Default.

If this was overlooked, consider seeking a second opinion to ensure no missed opportunities.This post does not create a CPA-Client relationship.

.: Wow I just got caught up on this @James Wise, bummed I missed the live action.

Is there anything else I'm missing.

Quote from @Bruce Woodruff: After reading all the great advice, I'll reiterate what you seem to be missing:1) You must (not might, must) get rid of your PM.

It's human nature for me to miss out on things I am not familiar with, so please forgive my ignorance.

Still holding pretty strong, sellers just feel bad if they missed the peak, but overall demand is still there!

That's because it is a lot of work scanning and attaching each tenant's lease.Best, it will include a statement the tenant will release the old landlord from security deposit refund liability when the sale goes through, and look only to the new owner for any refund.Ideally, sellers should be required to counter-sign each letter, confirming the accuracy of the contents.Exact wording of the letters, timing of when presented to tenants, and consequences to the sale itself if some letters are missing or contain negative reports, are all deal-specific.Where does the "estoppel" come in?

That's the key component that is usually missing when I hear other entrepreneurs/investors say they don't like QBO.Something else to keep in mind is your entity structure and how your entities file tax returns.

A channel manager like Hospitable syncs bookings across all platforms, avoiding embarrassing overlaps and keeping all communications centralized.Automated Cleaning Schedules: After each guest checks out, cleaning schedules can be synced automatically with the cleaning crew—eliminating missed cleanings or the need for last-minute arrangements.Automating these aspects of STR management isn’t just about making life easier—it’s about maximizing profits, improving guest satisfaction, and bringing back valuable personal time.Have you tried automating your STR?