It's the best way to test what you like and don't like in a low risk environment.Once you've done this, you'll probably have even more saved up and experience to make you more confident in choosing a direction.If you decide to just dive into one of these markets and strategies, I'd recommend focusing on your personality, goals (cash flow first or something else) and how much time you have.

Ideally, the right company will handle everything from cleaning and booking management to on-the-ground troubleshooting for guests when needed.

The study identifies with forensic engineering detail the immediate Bonus Depreciation 5, 7 and 15-year personal property class lives qualifying portions of a building that are normally buried in 27.5 year residential or 39 year commercial categories.

I've had experience working with fiverr, larger companies and independent contractors who work for larger companies and small businesses.To date, the best service and results have come from a combination of an independent contractor I work with (DM me for info) and a fiverr freelancer who handles website maintenance, updates and clears up any issues identified by Semrush.

Personally, I'd run the business knowing capital will be TRAPPED in these rentals, and rates won't drop much in the next 4 years.

I always got a DP3 policy (ask your broker) with $500K liability on my rentals, topped off by a $2M liability umbrella off my personal residence.

I am not an attorney, so don't take this as legal advice, but I had a lender tell me that financing with a DSCR compliments holding a STR in an LLC for liability purposes.Financing an STR held in an LLC with a 2nd home mortgage that reports to your personal credit creates a hole in the corporate veil per se.On the other hand, financing an STR held in an LLC with a DSCR loan that is qualified only by the asset's income offers much more separation of personal and business liability.

Personally, rather than push on rate I would go for max flexibility on the repayment.

How much should I pay this person to manage the project and hire subs?

I personally don't, but I'm not carrying my groceries up and down.