Would like to hear what everyone’s opinion on painting every time a tenant moves out for an LTR. It doesn’t “need” new paint but I’m curious if I should get in the habit to paint every time to freshen it up for the ne...

You also have a baked-in customer base!

Yes, maybe its baked into the rate, but it still comes out better than a 30 yr fixed with PMI.

I agree, would love to get together with some other like-minded Islanders and grow my network.Based on other threads, it seems that a Facebook group did exist but no longer does, so it might be best to just start fresh with this thread and see who wants to get together.Cheers,

I'm curious as to other investors take on this short-term market pricing inefficiency, and how long they think it will last........or if it isn't actually an inefficiency, and bakes in the risk that the vacation rental market rates will drop significantly, or that the local government may outlaw STRs. 

We have to run fresh background checks, I know landlords that just let tenants provide copies of credit reports.

Depending on your level of units, I find a fresh coat of paint goes a long way.

The new buyer will be also buying the current tenants & lease agreement that is set in place versus starting fresh, which can be looked at good/bad depending on who's considering buying & what they are willing to take on based off of their experience/skill.

especially investor dominated areas.. what happens is there are so many investors coming to market buying then rehabbing.. and so many tenants on Sec 8  which out there is only good for one year. the landlords compete for the section 8 voucher.. so the tenants live in one home.. and then go rent a new freshly rehabbed one..

If you’re a sweet old lady that bakes cookies for all of your guests.... probably ok to answer the phone.