And even if they do, they can change that at a monthly BOD meeting.Plus, since you are going to have to hire out the 1) Property Mgmt, 2) Repairs and maintenance, and 3) cleaning, your profit margin is going to be very slim, particualry in a condo (which will have a much leaner net profit than a basic house.Not trying to be a downer, but I'd suggest looking at another avenue for REI. 

Renting, like hiring an employee, taking on a business partner or client and marring (even more so), are relationships that can be costly if made hastily or imprudently.Like others, I have check lists that I do not deviate from. 

Hire an HVAC contractor to go check it out, of course. 

Or go the motor home route. ( wife does not care for the motor home route though) Or just do what we do now.. fly to where we want to fish stay in hotel and hire a guide !!!..

The amount is a fraction of what we would have to pay to hire someone. 

I have gotten inquiries about a slow cooker or an air fryer even. 

I will note though that lots of people manage multiple rentals without hiring a STR management company (myself included).

And people hire them instead of us because it looks like they "care" and we don't. 

If you have hired a specialist to perform a cost segregation study of your real estate property, they will likely use one of the six most common methodologies recognized by the IRS.

There was a recent webinar, bottom line, it looks like Darryl Heller sold off many of the ATMs, didn't pay the people who put the cash in them, didn't pay the stores that have them on site, isn't providing information to David Zook's team that the court has ordered and is racking up something like $50k+ a day for not doing so...it is a complete mess and seems like there are only a fraction of the ATMs that might still be producing money but the company hired by Zook to get their hands around all of this is running into many roadblocks because Heller's team isn't providing info.