Airdna would be beneficial for you to learn the booking lead times of your area, which would help you know when your property is not getting booked or people are just booking last minute.

I just evicted my first tenant last year and had to go through this emotional rollercoaster of not pursuing the money because I knew she simply didn't have it.

This should be a last resort, as it could mean fines or disciplinary actions.

Also if you arent a warning incase you see the taxes paid last year from a primary owner you may have to pay more as you wont have that deduction in property value. https://www.phila.gov/services/property-lots-housing/propert... 

Demand proof of payment on every unit for the last year.  

Since this thread got recently bumped - sharing the BiggerPockets fully published article last year all about this type of loan (Multifamily DSCR)https://www.biggerpockets.com/blog/multifamily-dscr-loans

I posted something similar last night.

I have learned from my mentor over the last two decades. 3 years ago I took a step into preferred equity and landed an amazing opportunity.

Last week I received $250M in defaulted doc and flip loans (we buy notes), so contrary to what people say here on BP where it’s all rainbows and unicorns - that is farthest from the truthNow I am not saying don’t flip a property, but also don’t feel forced like you have to.

I tried Guesty last year, but I had several issues with double bookings and poor customer service.