If not and you're weary of dealing with this business you can always inform him you will begin advertising for a new tenant (which, of course, means there will be showings of the unit) and once a qualified replacement is found, his lease can be terminated.Sometimes when a tenant realizes there will be folks tromping through their place the bathroom "odor" suddenly evaporates.While you should not have to suffer loss of rent over all of this, life is too short to keep dealing with this nonsense.

Short-term not allowed by city.Condition: Built in 1930, All units are updated, newer roof, new windows, new foundations, new sewer, new electric/plumbing.

That's going to be your best option on such a short notice. 

It's designed to prevent taxpayers from deducting passive losses against non-passive income, which often leads to situations like you've described.Your concern about potential double taxation on the $2,000 net income is valid.

Is there any meet ups for aspiring STR hosts and Cohosts in the Tacoma area. It would be great to meet up with other STR Hosts in the area.

From my point of view it seems to be more benefitial if you flip homes for a long period of time than short.

Too many owners being over-leveraged is what lead to massive foreclosures in the last big downturn 2008-2010.

This week's post goes out to the data-driven folk...First, let's talk about two key metrics: Average Daily Rate (ADR) and Occupancy Rate (%).Understanding ADR: Maximizing Rental IncomeThe Average Daily Rate (ADR) is a key metric in the short-term rental (STR) industry.

I would love to connect and discuss what my strategy is and in return get feedback from a professional in the area in hopes of finding a match that would be mutually beneficial and lead to a strong business relationship. 

So I say if you are capable of developing this and can afford to wait, wait until you become better and take on the lead position to develop this yourself.