A New Hampshire Supreme Court ruling last week prevents municipalities from restricting short-term rentals in the state, so this should be a "safe" place to pursue STRs. 

But I have rentals in North Carolina, and I think NC state law only requires 7-day notice on a month-to-month lease, where partial June rent credit would be due even if they didn't give notice until first week in June.  

If you want to turn it into a rental, AB all the way. 

Hi, We're a couple in north Orange County and would like to invest in a rental property closed to our primary residence.

Bringing the gross rental income to $5,800 - $7,500 a month before expenses and cap x.

After she passed it became a rental to a slum land lord and after one of his tenants destroyed the property while having 8 people living inside it's 950 sq ft, he and I had a conversation and I bought it from him as-is for 69,000 and he didn't have deal with the mess they left.

The property is a cheap 4-plex in a college town near us that is already fully rented, and the rental income surpasses the PITI, but that’s where we run into my question.

If I like them and they meet the criteria I ask them to apply online.

For those running short term rentals, how do you handle guests who misuse your property (like the author's film set situation)?

I'm giving myself a year to learn all I can and save up a down payment for my first long-term rental in my local area.