Overestimating costs and staying under budget is always a smart move, and it sounds like the renovation went smoothly.

Looking to purchase one and struggling with the right calculators to determine the real metrics.As I understand it (recently looked at buying a former bnb) you need to treat it like any other STR with your extra costs such as food, etc  baked in to the expenses.

I brought this situation up to my Lawyer and he stated that this would most likely be handled by whats called an ejectment, which is different than a eviction.

The sooner you reach out, the better when an issue like this appears.I would also check with your city.

Not all but I have spoken to a bunch and most have a product.I have been working on something to post about STR coverage and what happens when you don't have the correct coverage, but it has been like pulling teeth to get info.

To market your long-term rental effectively, start by listing it on popular sites like Zillow Rental Manager, Apartments.com, and Realtor.com.

However, I'm starting to worry about managing these properties once I relocate.While cash flow is likely to break even or be slightly positive, paying 8-10% for a property manager would significantly eat into my margins.

They seem like a newer company so I am trying to see if they are worth jumping ship from my existing carrier for.Thanks

Its kind of like treasure hunting for me.

HOA Revenue After Property Damage:When property owners lose their homes in disasters like tornadoes, HOAs could face a drop in income due to the loss of assessment fees.