🎉I’ve helped clients transition into STR ownership before, and your situation brings up some great questions.

But also understanding that I will be asked questions that I don't know, and I need understand that it is okay not to know everything in these situations.

.: I was in a similar situation.

Also, for your shared laundry situation, I recommend PayRange.

KS yoak basically made the situation worse.

What would you do in this specific situation?

The situation is regarding a mutual agreement both the landlord and myself made regarding the painting of two rooms within the property we are renting to a neutral color (rooms are currently purple and lime green).

Do you need an S-Corp depends on your overall tax situation and profit you are expecting form this flip.This post does not create a CPA-Client relationship.

If you put games out and they are all missing pieces and useless it will create situations for bad reviews and possible forced refunds on Airbnb. 

In each category, note how much you are bothered or stressed on a 1 to 5 scale, with 1 = not bothered at all and 5 = stressed out: Pain Points Stress1 to 5 Pain Points Stress1 to 5 Unit turnover Exterior maintenance Advertising for available units Deferred capital expenditures Tenant screening rules Plumbing or electrical emergencies Tenant selection / discrimination rules Mortgage payments Documenting move-in conditions Bookkeeping and bill paying Documenting ongoing conditions Taxes and insurance premiums Dealing with tenant complaints Risk of late payments or non-payments Dealing with neighbor complaints Risk of property damage or vandalism Mold, termites and rodents Premises liability Interior maintenance Evicting tenants If your completed table has mostly 1s and 2s, then congratulations—you are a happy landlord!