Quote from @Yates Harris: Yes, you are overthinking it.Insurance companies are in the business of making money.

We also have an onsite manager who is handling the day-to-day business. 

I need advice…I am buying my first investment property in May and will put it under a new business.

I wouldn't necessarily say that this shift is here to stay, but we definitely have to make some changes to our acquisition process to accommodate creative deals and novations.This shift is due to the saturation of the major markets, resulting in newcomers in the business offering too much for properties and not delivering on those promises, realtors promising too much for listings only to have them heavily decreased or canceled six months later, and the small increase in supply that we have experienced since the beginning of the year.But yes!

IMPORTANT:--Guest communications, including setting up your automated messages--Price adjustments (key into seasonal pricing and important events in your area)--Listing description and noting amenities--Guest reviews--Learning from experienced hosts with great reviews (you can do this on many social media sites, including the Facebook group, Short Term Rental, Long Term Wealth)UNIMPORTANT:--Watching your Ring Doorbell camera--Obsessing about minute details that other hosts are freaking out about--Being a control freak about ANYTHING related to this business. 

Specific Business License: If I create an LLC specifically for the property management side of things, can I obtain a specific business license for this?

Specific Business License: If I create an LLC specifically for the property management side of things, can I obtain a specific business license for this?

I deal with a lot of these people because our houses are mostly new constructions and great for business like this. 

You get started in the market and get a sense if you even like this business or not. 

Throughout my life (grade school, college, business), I've always been a big advocate of taking notes and organizing different sources of information into one place, making it all easier to digest.