I feel great to get this 1st investment with some sweet benefits in just the closing.

I feel great to get this 1st investment with some sweet benefits in just the closing.

I found it hard to identify comps because there aren't that many other STRs in the area, prices and occupancy varies widely, and some definitely appear better-managed or more seriously managed than others, so I just played with pricing until I seemed to hit the sweet spot as far as quality of guest and occupancy.

If tenant doesn't want to pay then follow up with notice to vacate by a certain time or eviction proceedings will occur.Now depending on what relationship you have with this tenant you may be able to see if they volunteer to vacate by sweeting the deal on your part.

For example, an 1,800 square foot home that is 25 to 40 years old with the Roof, HVAC, electrical, plumbing, hot water heater etc in generally good condition, you could expect to pay 850 to 1,500 (1,200 being the sweet spot) annually depending on coverages selected and deductibles.

Would love to hear from anyone who has experience in renting high end vacation rentals if she really stumbled into a sweet deal or if you think it's just a complicated sales pitch.

It's like a box of chocolates; some are sweet (tenants paying rent), and some are... let's say, an acquired taste (a few non-payers).Now, here's where I need help or wisdom.

But, the sweet spot is management.

Got the inside scoop on neighborhoods or suburbs where $100K-150K can turn a sweet profit?

If you find a "sweet deal" first, you'll naturally skew your view of the market to make the deal fit.