@Liridon Fetahu You're correct in thinking the crime statistics for Myrtle Beach may be skewed... they are. 

Draining an entire pool in to a kitchen sink sounds like something my 8 year old would think of- an adult who owns their own contracting business? 

I think the answer is very market/condo specific.  

Advertising more guests might be more harmful to your bottom line than you think.

From a bookkeeping standpoint, this makes everything a lot easier as long as each financial account is used the way it is supposed to be used (no commingling).I would just caution you to think about the functionality of that structure within your day-to-day business operations before pulling the trigger on it.Make sure you're keeping things as simple and efficient as possible.

I think you should do some self-reflection and really contemplate your investment goals.

Institutional investors such as BlackROCK who just bought all major rental highrises in Miami are the sole reason why this market is completely different than the past one you are thinking about.

Even the people you think would never lie or walk away from their responsibilities still do from time to time.

We have a break lease fee (we operate in Kansas and Missouri) and I know we use a flat fee and not a multiple of the rent (I think because that way the deposit cannot be applied to it or for some reason with local laws, admittedly I don't remember).The main thing is though that 1) it's in your lease and 2) it's in compliance with your local and state laws.

I think it is on a Wednesday night each month but I can't recall which.