I am in a similar situation.

So in my situation I have instant booking turned on and didn't have Damage Protection.

I went through a similar situation with two of my rental homes. 

We've had several situations where a potential client would tell us what we want to hear.

Sounds like great prices but 9 repairs in 12 months called in by tenant, it seems to have finally stabilized after owning for 18 months (no repair calls in 3 months so far), stolen AC unit, attempted break in on other house (alarm scared intruder away).

Dealing with people is messy, its not uncommon to have difficult situations and conflicts to deal with. 9.

I’m curious about what my rights and responsibilities are in this situation.

Welcome to the BP Community and most folks I know that are in your same situation with properties in 1 or more LLCs end up refinancing those properties into DSCR loans (instead of HELOCs) to extract the cash they need for their next acquisitions.

With this additional expense, that would mean depleting the savings we’ve worked so hard to build over the past few years.To add to the situation, my wife and I are expecting our first baby in just two weeks!

🎉I’ve helped clients transition into STR ownership before, and your situation brings up some great questions.