Hello,I am in the Tampa Bay area and I own a quadplex. I also manage another 10 units. I am seeing a decrease in nightly price and demand for these units. Any insight? Anything I am doing wrong? I do not make enough m...

I believe many believe they can assemble a team of realtor, contractor, property manager and lender and become profitable.

small portion" of profit is not worth the possible legal issues.

A good place to start figuring out profit/cash flow is to search the forums for the 4 Square Analysis. 

It's the safest way to start and it's a guaranteed profit when you get the right deal!

To scale this route you need to have a good system in place to ensure you are profitable.

A sage person who responds often on this forum said, "Airbnb insurance is a profit center for them". 

A professional property manager should handle the heavy lifting, ensuring your investment is protected and profitable without adding stress to your plate.

For all the deals here in South Florida, I'm not able to do 70%, and it seems like the profit margin is really small. 

Also, the whole point of hiring a PM is to handle tenant, maintenance, and rent collection, so if your partner isn’t actively managing but just supervising the PM, IMO not worth having a two people essentially looking over the same tasks.Contributing financially for one person and the other having no financial stake raises decision making questions, such as when to sell, how profits will be distributed, etc.