The top Vacation Rental Hacks I've learned in ten years as a BNB operator, DIY'er, investor and broker that has sold over two dozen vacation rentals: - Hosting and ManagementUse a local Super Host, neighbor or new friend to reduce operating costs and increase property TLC.

Start the camera rolling at the front door, then walk through and document what was abandoned and the condition the rental was in.P.P.S.

Before going into this, though I would be very conservative in your analysis of cost to renovate and what you think market rent (along with increases in taxes and insurance) would be so that once you are ready to refi into a longer term loan, your DSCR is rock solid and so is your cash. 

I would think your conditions of approval will dictate open space etc.Good luck with it sound like a nice project !!!!

The HOA paid for the repiping and provided the bill so we can send to the after company for the increase in charge.

Add Stayfi to collect guest info to increase direct bookings. 

If in your contract with the builder you made it conditional on inspections (including a radon inspection) and completed the inspection within the due diligence time period, I would think you should be able to back out of the contract without paying any additional costs.

I'd also increase the number of builders you interview. on my last project I gave 85 builders a chance to match my number since I carry a license and only 2 could get to my numbers. 

No.Solutions: 1) Stay out of it 2) Camera the laundry room and check the condition of the washing machine after each time you see residents using laundry, charging the prior user for any damages. 3) If you are convinced it is the mechanic and they aren't worth keeping as residents, non-renew them at the end of their lease.

It can be a great way of increasing your ROI however renters tend to be harder on properties.