This will give you an idea of traveler's budgets and what's in demand in your area.As far as design and photo recs, connect with those in your market to get referrals from other MTR (and STR) operators.

An entity that operates hundreds or thousands of apartment units has far less concentration risk than an owner of a few rental homes, whose tenants may all be impacted by COVID-19.Do you think Portland’s ten-year trend of positive economic growth for landlords will continue, or will it flatten out, possibly even declining in the wake of COVID-19?

The team of Charissa Napoles the realtor and Robert Mincey at operation tango yankee inc have told me this second property was just a full rehab.

As for strategies, do you have any other skill set that you can bring to an experienced operator?

From a lender's perspective, separating personal and business credit is critical for scaling operations while mitigating personal financial risks.

Operators tell me that the objection to the costs are from the children of the elder who don’t want mom to spend down her savings, fearing that she will run out of money and that there will not be any left to pass down to the kids.

Thanks for replyingDo you operate a STR?

@Vhernadette SasingI would look into finding an excellent operator and invest with them passively.

(His profit is in the entry fee) He owes 3 months missed payments and I offered to catch up the arrears, bring the loan current, and take ownership.I myself own and operate 13 units since 2017, and I’d say I’m a good operator.Anyways, the issue is that now the bank/owner has been notified of non payment, and while the seller is telling me everything’s fine between him and the person on the note and all, I know that the bank has eyes on this account now. 

Once you become the homeowner, we transition into a property management role and handle the day-to-day operations of the rental.