I've managed over 1000 residential units in my career (so far) and I've seen this plenty of times.

Short-Term Rental:Long-Term Rental: Offers stable income and is generally easier to manage.

Hello BiggerPockets Community,I'm new to the world of real estate investing and am looking to start my first LLC to better manage my properties and protect my personal assets.

@Jason Weber my first question would be is she a PM with other clients and properties under management or is this just someone you hired doing it as a side gig?

Any recommendations on an AirBnb Manager in Chicago to take over an existing asset?

I think she should Airbnb, she thinks she should go with these applicants. 

In 2023, I received orders to relocate to Beaufort, SC, and was able to rent out my NC home immediately, generating approximately $500 in monthly cash flow after accounting for property management costs.

The best way to protect yourself investing in NYC is to buy higher quality assets and require exceptional credit credentials from your applicants to obtain approval to rent.

Anybody have experience with nomadlease for property management?

Subtract all costs (mortgage, property taxes, insurance, maintenance, property management fees, and HOA fees) from rental income to determine the estimated monthly cash flow.