What some other property managers do is just advertise renters insurance included and up the rent by that amount then place it on each.

Add 3 more months of monthly expenses ( including utilities, insurance etc) to cover the vacancy of potentially distressed property. 

Have any property managers used TikTok or other popular social media sites to market your business?

If your long term goals include investing, this is a great opportunity to start, with a property you already own.

Not sure what else should i include in the monthly due.

Finding deals (which a good agent can definitely help out with) is step one, but we find that a lot of investors struggle with the next 3-5 steps of a successful project which includes team members such as project managers, contractors, property managers, insurance agents, lenders, etc.

This could include offering special discounts to guests at nearby restaurants (easy to execute with a QR Code), collaborating with a spa for guest packages, or sponsoring events that cater to your target demographic.Finally, don't underestimate the power of local art for retaining guests. 

They were listed as an operating STR with furnishings included and seemed to be based on a multiplier of past revenue.

Hi Moshin, unless tax planning is outlined in the engagement letter you would've signed, then that would not be included.

I'm a Dad to Logan 9, Lucas 6, husband to Wendy.I've spent the last 11 years as an entrepreneur in the digital marketing world, primarily focused on physical product eCommerce (I own 2 brands that operate on Etsy and Shopify), and most recently having kinda accidentally built a few 100k social media following as the Carnivore Dad.I’ve been interested in and attracted to real estate for years but I just made excuses that had me staying in my lane of digital marketing, however I'm here now and eager to learn.I settled on Texas as my primary state because I have family here, I love meat, and I’m interested in firearms.