The reason those locks charge monthly is because there's an ongoing upkeep cost to maintain the software and communications network that are essential to being able to program the lock remotely.  

I have the same setup as you.

I'll incur start up cost setting up my STR; like furnishing my STR. 

Partner Driven was drawn to the N Pasadena Ave property in Waterford, CA, due to its potential for a high return on investment with minimal renovation costs.

Of find someone like me, but not me as I am way to busy, that can help you set up those teams and systems up. 

Those cheap areas look good on paper until realize how high turnover costs truly are.

Separately I have a non paying tenant I am evicting which will cost me c10 months rent but that is another story and buyer beware in dealing with NYC tenancy and housing laws - advice is hire a lawyer from day one of nonpayment.Two questions for the forum:1.

Under this model the PM's financial interests and my financial interests are well-aligned.Under their current plan, a $12K/yr rental costs me at least $1,960 in fees with no guarantee I have a low vacancy rate.

Good morning, the following property is up for sale at $250k.  114 S Broadway St, Toledo, IA 52342 | ZillowThe seller has 'described' it as follows:"The property features a new roof and updated electrical work completed two years ago at a cost of $120,000.

I'm in Cuxhaven Germany and reaching out to German and European Bigger Pockets members because I'd like to set up a European Bigger Pockets Master Mind group.One of the purposes of the mastermind is to focus on pooling together resources, be it funding, knowledge or expertise, for all the deals this growing group might offer.