Mainly because tenants really did have major issues with actually receiving the bill.

Like our state of Oregon they will only move on unlicensed activity when a complaint comes in.. but once one does come in its katy bar the door your in major trouble.

I'm no major domo commercial landlord, but I manage 10+ units in two commercial buildings. 

Joe,I really hope you get some good responses here with how specific portfolios have performed over time.I can tell you that the type of property you purchase, the location of the property, the amount of rent paid by the resident and probably most importantly, the quality and level of renovation are going to have a major impact on performance over time.   

It has been renting for 10 years right after we have done major remodel ( around $1000000) .

Cleaning would be straightforward as you would only be renting 2x year and guests would only pay for the check-out clean (unless they request midstay cleans) so maintenance would be the major key to your self-management.If your listing has not had a great response on VRBO you may need to look into hiring a professional photographer as VRBO receives alot more inquiries than Airbnb in South FL.

We knew it was a fixer upper that needed major work but the inspectors found more termite damage than anticipated and even evidence of a previous fire.

We knew it was a fixer upper that needed major work but the inspectors found more termite damage than anticipated and even evidence of a previous fire.

I’m a Major in the U.S.

This is $1800 per month minus expenses and some minor or major headaches with the area.