The wrong property management approach will lead to the dreaded three:1) high drama,2) high turnover,3) high property damage.Use Household-led Property Management (HPM) developed and perfected for co-living.5.

I’m a new investor based in Kingston, NY, with a focus on the Hudson Valley and Catskills regions.

Based on your situation, you will likely need to recapture the depreciation when you convert the property from a rental (STR) to your primary residence in 2025. 

We have everything microsoft so we use sharepoint to hold the files and when updated it automatically gets updated and use microsoft copilot and create a copilot agent based on those documents and internally we then have it in microsoft teams so anyone can use it.

Quote from @Chris Brewer: View report*This link comes directly from our calculators, based on information input by the member who posted.Hey @Chris Brewer, welcome to the BP Forum!

Hi Todd, Dayton based here.

@Peter Mckernan Copy.... it's a "% based payment" off scope of work. 

The guest house has STR rental history but the other two units would need to be based on projections. 

This will vary based on region but in general 2 – 5 points, 9% - 16% APR (meaning this is the annual rate so divide it by 12 to get the monthly interest amount), and documents fees can be from $600 – $1,900.

Once you have a pipeline, you can refine your criteria and adjust based on what works best for your market and strategy.