As a short-term rental property manager in Massachusetts, I charge a 20% co-hosting fee, which includes full-service management—guest communication, vendor coordination, cleaner oversight, and overall property operations.I've seen competitors charge anywhere from 10% to 30%, but lower-cost managers often cut corners, while higher-end services may not always justify the price.

It simply depends on your time frame, when you want to actually begin renting the property out short term, and what the loan terms are.

The East Rock area of New Haven (near Yale) is a huge outlier in terms of pricing, very expensive. 

In all that time I’ve only really had one disrespectful set of tenants who were significantly different from the mainstream both culturally and in terms of their religion.

What if franchising is part of the strategy, with a long-term goal of acquiring properties as well?

I'm m focused on staying disciplined and maximizing cash flow, so your suggestion on BRRRR and DSCR loans is especially valuable as I plan my long-term strategy.

If you don't want this loan I will take it, those are great terms right now. 

Our long term goal is to purchase and move to a remote ranch and for me to be able to quit my job around 40 years old.

Would a cash out refi be under commercial terms since the property(s) are under LLC?

We were there looking for another property that we could buy together on the beach that we could rent out as a short-term vacation rental.We we're living it up and having a fantastic time zip lining, eating delicious food, and seeing the monkeys in the wild.it seems like from the moment I returned from that trip in August 2022 the real estate market completely changed.