The amount of the fine will either be in your covenants, your rules and regulations or, occasionally, the by-laws. 

I peruse the marketplace ads occasionally.

We had one tenant who had "her mom's dog" for a weekend to dog sit and we settled on charging her a reduced Fee ($100) plus $30/mo to even have the right to have her mom's dog there occasionally (which turned out to be 1-2 days/month)  We also had her sign an additional pet addendum which is very strong about what can and can't be done (and when we can enter the apartment or call animal control)Portion of our lease:If an unauthorized pet is found on the premises a fee of $500 is due immediately for having an non-authorized animal on the premise at the time of occurrence or at landlords discretion.

If you're willing to put some work in or willing to go further out from downtown, you can occasionally find something for under $300k.What's great about Colorado Springs -- say, versus Denver -- is that the laws surrounding Airbnb and short-term rentals are wide-open, so you could do an Airbnb in one of the other units. 

Oops:“Be aware that even with a property management company on your payroll, you'll still need to make occasional visits to your property to make sure that what managers and tenants tell you matches reality.

Occasionally, there will be articles about certain parts of the city that has plans for revitalization. 

I feel like I'm able to articulate the importance of a 5-star review, specifically, without actually asking for it/implying they should leave one even if they don't feel it's deserved.There's always going to be the occasional person who doesn't get it and thinks 4 stars is perfectly fine, but hopefully this strategy heads a lot of that off at the pass.

However I have placed back up offers many times usually I never get it but occasionally I will get a call hey first offer did not close your now in first position.

Back when I was doing multifamily brokerage we occasionally came across some great deals on LoopNet that were posted by brokers who severely under-priced them.

We plan to market it as a STR, and occasionally use it for ourselves (we know it needs to be less than 14 days/year for tax purposes).