At the same time we try to have as much instant value as possible so we buy predominately short although our first house was a foreclosure.

getting started is ultra challenging and you are entering at a perplexing time due to sharp property value increases, punitive interest rates for investors, and the always elusive cash flow. we're used to instant results but that's not gonna happen when you deal in properties worth thousands.

To mitigate this situation from happening again:No more “instant book”More qualification questions, but non-invasiveMuch higher nightly rate, because $100 per night for 4 guests is very easy for lower end clients to book, compared to $190-$200 per night.

So you find yourself lowering everything and then you’re instant booked and hosting two pit bull “lab mixes” for $100 total plus cleaning for one night.