My main concern, being my first rent increase, is the attitude/personality needed for such a task.

It became too difficult to trust that the extra work being performed was actually needed.So, I decided to take matters into my own hands.

Currently, I am using my personal checking account to collect rentals.

There may be a paywall here, if so, contact me and I will send you a PDF copy of the article.https://www.wsj.com/personal-finance/real-estate-landlord-in...

I don’t like large banks because they are less personal and personnel changes.

Personally, I am not a big fan of STR's although they may be fantastic in certain areas of the county.

I started almost a year ago..its been a journey but no horror stories...yes drama but no horror...the person I was considering hiring to oversee the project decided to take the project on which was a dream come true...thx for your advice ..i did what you advised and then got lucky!

You might want to explore STR tax strategy if you are finding that the long-term rental tax strategy isn't working for your personal situation...

There's some complicated ways around it and things may have improved, but I can tell you that I was personally threatened with being charged with a felony in 2019 for renting my property even though I had gone through the proper permitting.

Access to an STR isn't essential, but helpful and bonus when it's personal usage time..- Insurability & Operations costs: Can be considerably lower (especially in comparison to CA) with most coastal regions there is much lower wildfire risk and the properties that are in flood zones, have surprisingly accessible and affordable policy costs.