Once billed, those in violation of the policy won't be able to rejoin BiggerPockets, including prohibition of the use of the agent/lender finder tools, forums, and private messaging system until their bill is paid. 

Ideally, you'd want closer to $40k-$50k to feel truly comfortable and have a safety net for your first investment property.

Maybe when you get over 5 you can start to look at management suites.VRBO and AirBNB have all the tools built in to manage.

Curious about the success others are having with these platforms or if anyone thinks Booking.com is becoming a necessary tool for securing STR reservations?

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

I don't require my agents to join NAR and in fact dropped my membership when I opened my own brokerage.If the situation made sense, I wouldn't necessarily require an agent to join MLS, but it's such a basic tool of the trade, I can't imagine someone who is active in the business going without it.

PMLs exist, there's zillions of them, real estate investors work with them every day and PMLs fill a need and have a role to play as a specific tools for a specific situation.See if you can put a sharper point on your question.Mike Thanks for this Mike! 

Do nothing...the tenant isn't renting that area and has no right to dictate how you use it as long as it poses no security/safety risk to them. 

That’s why I invested in rentals—to have a safety net.I'm not exactly sure where you're at, but if your current situation is causing frustration or stress, there’s no shame in selling a property to free up capital.

Honestly, hiring a lawyer might end up costing more than the process itself, especially if things don't go in your favor.I’d recommend approaching the neighbor directly to discuss it, making sure they’re aware of the serious safety risk.