Offer a great first-stay experience with thoughtful touches like welcome gifts and clear communication to earn those initial positive reviews.For Big Bear’s rules, stay on top of local ordinances—maybe even connect with other hosts for advice.

Landlords mistakenly ASSUME all PMCs offer the exact same services and operate the exact same way, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services.This also leads them to ASSUME simpler is better when it comes to management contracts.

The first time this happened, the board of directors got an email showing trash everywhere, and HOA management offered to get "their people" out there to clean asap. 

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The good thing about this is you can do a parent listing offering the whole place, as well as 2 other listings for each unit. 

It’s a straightforward process that offers benefits to both buyers and sellers.

If you order the appraisal before the work is done, they will hit you with a deferred maintenance which means they can not offer a value because work is not done and now they will have to go back out there for a 1004D and it will cost you more money.In the BRRRR acronym, Rent does come before Refinance.

If possible, consider a duplex or single-family home with extra rooms instead, as they offer better appreciation and flexibility.

I agree that is will be a gamble as to how well it will do.Also, ask the owner if they will entertain partial owner financing to keep from dragging family and friends into this risky business venture.Maybe even rent from owner for a year with right to sublease to see how it goes before committing to a purchase.

However, rezoning now could still offer some advantages depending on your long-term goals.