Daycare is so vital that the Landlord loses personal property rights.

I can’t stress how vital our agent has been to the process.We’ll see the property in person for the first time the day we’re fly out there to close on the property and then we’re planning on staying there for 4-5 days to get it set up.again this is our first experience and we’re still in the process so take it for what it’s worth, but so far so good.

You are not allowed to 'double dip' and if a tenant breaks the lease you have a duty to make every effort to re-rent and the lease breaker may only be charged for your actual losses and you'll be lucky if you can collect at all.

Of course not all markets are created equal so take that into consideration regarding my advice.Knowing your market conditions and trends is also of vital importance.

I'm currently active duty in the Navy, looking to take advantage of the VA loan to purchase a MF property.

Building good relationships withe the neighbors is absolutely vital in situations like this.

Building good relationships withe the neighbors is absolutely vital in situations like this.

@ $100 each, plus another $100 for their 'responsible party' duties, that's $500 mo more expenses.

If you have had experience with partnerships on STRs, how were the profits, equity, management duties, etc. split?

More importantly it is vital for you to get locked into an agent's or investor's inner circle.