The platforms like AirBNB and VRBO will deliver the bookings, but if you don't manage it correctly, you will quickly get bad reviews, which means lower rates and worse guests.No offense but why didn't you ask the question "how the heck do long distance owners remotely set up their houses for short term rentals" before you put a property under contract?

Review their management agreement.

Hello Again BP Community,I am seeking a R/E attorney to assist with reviewing my purchase and sale agreement's for my first investment opportunity. 

Those guests have left amazing reviews but have said in the review that the neighbors are "unwelcoming" and "unpleasant." 

View report
*This link comes directly from our calculators, based on information input by the member who posted.

What seems to be your obstacle next would be the location if you'd like to be in RI or MA which have very different metrics for returns and appreciation and that comes down to what you feel is valuable for you and what you can compromise.

I’ve learned a lot through reviewing past forum entries, just a few questions:1.

Because this is my biggest project to date, I am hoping someone with more experience can review my plan on this building and let me know what you would do differently - mostly with to rehab or not to rehab before tenants.We are replacing some needed items for sure -roof, some HVAC, windows and other mechanicals.

View report
*This link comes directly from our calculators, based on information input by the member who posted.I have $85,000 available for a residential rehabilitation project. The attached deal is...

However, a good metric for some is to either refi when your new equity can get you another property or sell when you can turn your overall profit into two properties.