My biggest concern is just making sure I'm by the book and mostly making sure my property doesn't get destroyed, I have heard a lot of horror stories.

It is surprisingly easy to manage out of state and if you want more tips on how, check out Bigger Pockets book "30 Day Stay" on Mid Term Rentals. 

What my question is is what do motel owners do when people book more than 30 days.

Sejin - Have you read your fair share of books as well as listen to podcasts?

With some humility, I’d like to say it’s keeping the finances separated/organized and liability protections, or everyone’s favorite question… do I need an LLC?

If you are looking to do MTR, Portland is my favorite market.

There are controllers on each end for 1-player or 2-player games, then a second set of controls on the side for head-to-head games like Street Fighter.We have a cheat-sheet with instructions under the glass, and we have a book with laminated pages that lists the instructions and the games.

He is regarded as the STR expert in the area but he has used every strategy in the book, and should be able to point you in the right direction based on your goals!

So the premise "prices are dropping rather substantially in Washington D.C. related to layoffs." lacks merit in my 'blink' (think the book 'blink' - I am old) moment.

The property will need to have a slight rehab to get it up to STR standards, but when complete it should easily be a $200k Gross booking revenue property.