Given this is one of the rougher neighborhoods, I'm a bit concerned that the next set of renters might not be as good as this set of renters.

I did a background check and was able to look up his many properties across all states so I really don't have concerns he doesn't have any assets.

All of us have stable jobs and no other outstanding concerns.

Not having the correct ARV and having the rehab get a low appraisal is my main concern.

Pulled this together for a RE Investor meet up on how "today's tech stack" is breaking down historical concerns of STRs being a time-suck for RE Investors when looking at either purchasing properties for STR deployment or evaluating assets for STR usage vs other strategies.

We have never had a tenant that was able to produce any factual data that supports their concerns. 

We also are very verse on the Property Code Laws of what legally we must do and what is just good business.So @Ian McClure to answer your question, it would depend on how the new tenant was on boarded and what kind of business the owner runs concerning his property

We get about 200 - 300 maintenance requests every month; I would have to hire a FT property manager just to "walk" the maintenance concerns.

If you’re concerned about the cash income, you could consider additional safeguards, like a higher security deposit or using a guarantor.

From a tax reporting standpoint though, I am curious why showing a profit is even a concern.