Even if it's in Vegas or Flordia it's still out of state and will require a property manager for the day-day operations.

Once you become the homeowner, we transition into a property management role and handle the day-to-day operations of the rental.

This will give you an idea of traveler's budgets and what's in demand in your area.As far as design and photo recs, connect with those in your market to get referrals from other MTR (and STR) operators.

Thanks for replyingDo you operate a STR?

But assuming its a stable but growing market, every dollar of Net Operating Income you are able to force is explosive to the underlying asset value.Under both of these scenarios, you do not need to syndicate as long as you don't go too big on the deal size. 

So thats kind of the standard operating procedures in those markets and nothing really sells for full list price..

I wouldn't be cash flowing paying a property manager, maintenance, etc. to be able to operate out of state though.

Been getting nowhere with zoning laws found online and in the local library for Yonkers (in westchester county) as to whether any permits are needed in order to operate such a business. 

So, the broker will usually investigate and correct an agent who isn't operating as they should. 6.

But because an HOA made the mistake and the county operated a crooked auction the purchase will just get back what they bid, $6600.