A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

The one big hesitation we have is that it seems like you can not deed the title into an LLC (for asset protection).

Reinforce entry points with security bars, and consider a monitored alarm system or joining a local neighborhood watch for extra protection.

Since I have damage protection waiver in place I feel more comfortable asking for a smaller deposit.

I want to go for the lowest but I also want to make sure that I am appropriately protected.

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

Too many people are scared of townhouses and condos, but you are protected against a lot of the repairs of single-family or multi-family ownership.

You create LLC for asset protection and has nothing to do for writing off expenses.

Apartments.com purchased Cozy.co, which I really liked, last year and was geared toward single-family owners like myself.

.- Insurance: Short-term rental insurance (beyond renters') can protect you from guest-related risks.- Licensing or Permits: Check if your area requires permits, as some cities have fees for short-term rental operators.Breakeven Analysis: To calculate your breakeven occupancy rate, add all monthly expenses (rent, utilities, cleaning, insurance, etc.).