Painting and flooring are super easy.

The culture shock hit us immediately, and we struggled at first—it wasn’t easy, but we were committed.Unfortunately, that initial investment didn’t pan out.

Its not as easy but once you are up in running you are building a brand, equity in your business, and also constant flow of leads.

The rules are pretty complicated and the only people who really know all the terms and rules thoroughly are the Rent Levelling Board.Caveating that I’m not an attorney so go seek your own advice but I clarified a few things at a recent rent levelling hearing (which are open to the public and you can find the schedules with a simple Google).

@Esther Iroko everyone thinks it's easy to DIY manage their rental - until it isn't.You now need to learn on the fly and quickly!

Since you’re considering converting the upper unit into a short-term rental, you may also want to implement strict rules around smoking or strong odors in your house rules to avoid future issues.

You could ask the Contr to use a flexible compound if this happens again, or maybe even now...https://www.dap.com/products-projects/product-categories/pat...Take pictures of every place it occured....it's easy to forget after a couple years....

I don't think rent to retirement can vet a deal any better than anyone else or you, they just have a bit of a system. but the new builds in Lehigh acres, Cape Coral, north port, etc are all garbage. septic systems, poor economics, low rent to purchase price ratios, you are banking on appreciation and buying at market. building direct is going to give you a competitive advantage on a 3 unit let's say worth 600,000 you are going to be 120k ahead than if you bought it through them. that's my analysis. if you are super lazy and too busy to make money and have millions to throw around then I'd recommend not thinking much about investing. but you can also invest in funds and be way omre passive than buying a new build from far away. but if you want to add real value then get involved and make it happen. getting wealthy isn't easy. you work hard for your money and there are build to rent developers like us that try to answer and add value to start buiding relationshipsl

There are specific rules on when rent increases can be submitted for review, but there are no guarantees when they will respond.

If you are paying cash for the STR this seems pretty easy.