Now, add things you might find in higher-end extended stay hotels like a fully equipped kitchen, pots, pans, dishes, flatware, laundry facilities, etc.

Then I went over the list of amenities on VRBO, AirBnB, and Booking.com and bought every amenity within reason so that I had the best equipped house in the area.

Do you purchase and maintain your own equipment and collect all revenues?

Now I'm equipped for my next visit downtown.

Meanwhile, the mistakes made while overcoming the learning curve can be expensive.I never said Michael should hire a PM, I simply asked if he was equipped to self-manage.

That seems more complicated, since you have a lot of pavement and infrastructure, including security equipment, but also the buildings themselves.

We have the tools, equipment and know how to do anything from the foundation to the roof.

I looked at a couple of places in that exact area, one the realtor was afraid to even be there, when i went it it needed a ton of work and all the copper and equipment was ripped out of the house. the other one had mostly section 8 tenants. there are good and bad areas of Montclair but over all, if you you find the right spot i believe you will do well there.

If you can afford a house, you can afford QuickBooks, (or any financial software program that is professionally suited for businesses) a computer, a printer, and the equipment you need to run your company.

I then give tenant my HVAC guy's card and tell them I don't ever want them to be cold and to directly call the pro who knows the equipment in the future.