Gotcha, do the STR insurance policies cover hurricane and other weather events that frequent the coastal areas?

Future investors might consider this and possibly look into local property management solutions if they're not able to frequently visit the site.Recommendations and Networking: Sharing contacts like Jeff Chisum who have proven helpful in your investment journey is beneficial for the community and helps foster reliable networks of professionals.Lessons Learned: Your insights into the challenges of managing a high-elevation STR during winter are invaluable.

I recommend small rent increases every 6-12 months rather than large ones less frequently.

These organizations frequently maintain directories of its members, which include lenders, contractors, and agents.Make use of social media channels to establish connections with nearby experts.

Data the applicant enters seems to frequently not be verified and it allows for complete omissions in fields and hides important information such as social security numbers from landlords. 

We try to frequent the gym during the winter (because cold) and the lack of sunlight kills my energy. 

A local RE professional should be able to provide this information to you as well.In New York, we deal with this scenario frequently and oftentimes it does not make sense to legalize ADUs because the permit process is extremely lengthy, the cost is high (sometimes $150-300K for 1 ADU unit), and the potential increase in property valuable is not worth the risk.If you already have an approved permit/plan and can get your renovation down to $80K, you may want to consider this project if the ARV is say north of $800K.** You should also look into any potential property tax increases associated with this change.

Yet, the initial investment might be heftier, and the management could be more complex given you're dealing with more tenants under one roof.On the other hand, single-family homes might spread out your risk and potentially cater to longer-term tenants, promising less frequent turnovers.

I have heard of people pouring cement down drains, and they frequently take appliances, and often other things you would think should be in the house.  

I travel frequently for work so would be willing to road trip for quality group meet ups.