Quote from @Keira Hamilton: Quote from @John Mason: @Keira Hamilton  very detailed and inspiring write up, thanks so much for the information it gave me some new ideasGlad it was helpful!

Thank you again for your response and insight.I have most luck utilizing the local MLS for minimum 6 month leases under furnished rentals  

@Kris Lou Many factors go into PMC pricing:1) Locality (city/state)2) Neighborhood & Property Class (time to manage Class A < Class B < Class C < Class D)3) Property condition (slumlord properties hard to manage)4) Number of units (some economies of scale, but not as much as owners think)5) Owner expectations (some owners really want a personal assistant!)

Are you local to Richmond? 

If you're located in WI, check out Premier Point Realty and Homestead Realty....both offer the licensing course at a discount and some of the lowest fees/commission splits in our local market.

Or his investment/local area. 

Hey Jon would recommend checking out FB groups if you aren't local (looks like you're based in the Bay).

Regulations & Compliance: What's the best way to research local STR laws and avoid potential regulatory issues?

I want to remain local in NJ or at most drive down 1hr to PA (self-manage or, last resort, hire a PM)However, I must also consider maintaining reserves, a safety net for my primary home, and an emergency fund.It's just hard for a new investor now :(

.• That the grantor/mortgagor was insolvent at the time of the execution of the deed.An estoppel affidavit (executed and acknowledged by the grantor/mortgagor, attesting to the fairness of the transaction, the consideration exchanged, the value of the property, and other factors showing an intention to make a genuine transfer) or a recital (inserted directly in the deed) are supporting documents used to forestall challenges to these transactions.State law and local title standards must be consulted in regard to the consideration and treatment of deeds in lieu of foreclosure.What a GREAT post!