Networking and education play a vital role in real estate investment strategies, staying informed on market trends, and implementing best practices.

WE upped out security deposit coverage from 1x rent to 2x rent when we implemented, and that has been pretty seamless.

@Matt LawrenceWe are about to implement a no smoking policy across our entire portfolio.

Well it sounds like they've already passed laws regarding STRs, they just haven't had time to implement it. 

Before trying to implement any of them, the first question should be: what exactly is the purpose?

Expanding your reach by partnering with a local property management company in Jacksonville and implementing a pet-friendly policy can attract more tenants.

You will have to stabilize the turmoil that comes with drastic change, and changes you implement to increase efficiencies.

I’ve implemented a 3-strike policy, 1st strike is a verbal warning, 2nd strike is a written warning, 3rd strike starts the eviction process for smoking in the units.

My last idea is that the local and state governments could implement programs as they do with Section 8 to incentivize homeowners with ADUs to offer affordable housing.

Larger real estate firms will have in-house legal departments to handle this but the truth of the matter is the actual concept and procedures are quite simple once understood and all real estate owners  would benefit from this but fail to implement the systems early on.