@Ryan Rubel There are certainly quite a few restrictions in those two areas, in Carlsbad you have to be within the coastal Zone...I have a multifamily in Carlsbad Village a block outside of the coastal zone so I'm unable to operate it as an STR unfortunately.

I see so many new investors that lose thousands, sometimes tens of thousands, every year because they make simple mistakes.

TLDR: I do not think Kiavi operates with good business practices.

You must keep the tenants security deposit at a bank that physically operates a branch office in the State of NC.  

You can usually find some events by doing a simple google search.

Expenses will level off: Multifamily operators have been plagued by expense increases in the form of taxes and insurance, for the last few years, especially in the south, and especially in Florida and Texas.

I started operating the property in mid-2023.

Hey Tanner, Some analysis I'd recommend:-Market Rents-How much renovation is needed to command top $ rents-Is the home located in an appreciating neighborhoodHousehacking is simple!

This can be as simple as an excel spreadsheet.

I support (and use) a utility-cost cap amendment in our leases to ward off those who might want to mine cryptocurrency or operate an indoor greenhouse, but the vast majority of MTR have utilities included and the vast majority of travelers expect that they are.