Quote from @Lisa Albright: Thanks so much for the response Dominic.

Thank you all for the responses this was very helpful.  

At the same time though, if you are the one who walked into the store and tried on the clothes and asked the sales clerk how it looks, then your asking to be influenced. if you spend time on a real estate investing website where people are in the business of investing in real estate and you ask if you should invest, you will likely get a lot of responses that say you should invest in real estate and let me help you for a fee.

I would also explain that if it happens again that they may be responsible for some or all of the cost.

It was in response to a potential emergency situation (ex: a water heater in one of my units was leaking and they paid a little over $2,000 for replacement).

In that case you do bear the responsibility when said supplier turns out to be a fraud dont you think?

Thank you all for your comments.I read all comments and I appreciate the feedback.I will comment on a few of the posts in my response below.Here are a few things I'd like to mention...Patrick was a valued member of our Multi-unit Acquisition Program (MAP).As a member, we determine one's purchasing power and diligently search for deals that meet their criteria and purchasing power.In real estate, there are a lot of moving pieces.

@Mark F Thanks for the detailed response! 

I am just starting out with a STR and found that VRBO is not very specific if they are collecting the tax and paying it to the State as a marketplace facilitator or am I responsible for this tax collection and payment ?

Several economic factors are contributing to this shift:Overbuilding: Some areas of Charlotte have seen significant overdevelopment, leading to an oversupply of rental units.Tighter Money: Rising interest rates and economic uncertainty have made tenants more cautious with their spending.Tenant Behavior: Many responsible renters are choosing to stay put rather than take on the cost and hassle of moving.What Does This Mean for Landlords?