Not sure about the legal aspect, however, I see a slightly different model of managing reservations and cleaning personnel. - Find a person, who lives nearby, willing to come an clean the apartment on demand for a fee.- Set up a lockbox to allow guests to check-in at any time (early/late arrivals are quite common, I'm sure you are aware of it)- Hire a virtual assistant, who can help you professionally manage all the incoming requests, reservations, and overall communication with guests.Feel free to reach out to me or visit our page (revolvio.com) if you need any help with VA and Airbnb management.

We are opposite in that aspect, where he would like to sit and see where our investment takes us- and I on the other hand feel like we’re wasting time if we don’t have a new project going. 

We've been working hard in Cleveland and have done almost every aspect of residential real estate there.

So valuable to see how other people are managing the more mundane aspects of real estate, but its so necessary to develop best practices.

It has a ton of aspects that need to be taken into consideration prior to taking action.

One aspect of my project was listening to audiobooks and the BiggerPockets podcast.

Other than inspecting the physical and financial aspects of the property you should not buy that property without a survey, zoning report (and legal review of it), phase 1 environmental, and utility inspections.

Reason:  most people seek information from the internet and Google in particular.But, scientifically, it seems lacking.  

One thing that all advisors have to do is manage expectations and the psychological aspect of financial decisions. 

We look for properties that don’t have huge maintenance issues, like the need for roof replacements and foundation fixes.Perhaps the favorite aspect of investing in the commercial real estate space is the value-add strategy, as it gives us more control over the value of the property.