Investors can purchase underutilized single-family properties, split the lots, develop additional units, and significantly boost property value.

In addition, I am considering changing my furnaces/boilers to have plug-in cords instead of being hard wired so that if there is a power outage in winter that I could power that heating system with a portable power station.

So, the additional cost to them is more negligible.

May I reach out to you with additional questions?

Obviously do your own research before asking people on Facebook, but just another way to connect with hosts and see what they do and how they file those STR taxes and maybe some additional helpful info. 

If you need additional verification, you can kindly request a government-issued ID, but it’s best to communicate this upfront in your house rules.Happy to connect and share more insights! 

If the tenant becomes delinquent and stops paying rent, Rhino will insure their full $1,500 SD plus an additional nominal amount to offset the losses incurred by the landlord.

My original SFR was 1100sf and I added 2 units: an 800sf SB9 unit and a 750sf ADU (converted garage plus addition).

I continued paying what I had paid before, with the additional money purely going to principal.The recast to a lower amount was purely to reduce my committed monthly payment to a point that I could get my property to cash flow if I had to move out (job loss, etc).

In a perfect situation, the payment will still be delayed (even if by hours) using this additional system.And secondly, many of these vendors have "clawback" provisions where, in their terms of service, you give them permission to go back into your account - even weeks after the fact - and reverse a deposit that was made by your tenant.My system is simple, allows for tenants to pay through multiple means, and does not cost me anything extra.