@Jeffrey Gant Your cash-on-cash return (CoC) is a key metric for evaluating this deal.

However, I was recently informed that the major carriers are going to be classifying all traffic from OpenPhone (and several other applications) as application-to-person (A2P) traffic instead of person-to-person (P2P) traffic.

Jeff has informed us that he still received 0 in distributions. 

I’d be interested in keeping up with this post.

But we just found out it can not be rented as a 5 bedroom - Even if I wanted to use this as a long term.  

You can upload a document with your rules to VRBO and the guest acknowledges and agrees to your rules when they book.

if that is what you do for all other applicants then this case should be no different. 

Does anyone have a recommended property management company with which they have had good experiences in this area?

The Registered Agent will record the documents on your behalf so only their name and information appear on the documents.

Can the landlord provide documentation of their payment history?