It's the phase where you dig deep into the property, conduct inspections, and address any uncertainties.

Ask for last 12 months of bank statements to track rent payments were paid on time.FYI: how "deep" is their credit report?

They prevent bedbugs from entering or escaping mattresses.Routine Inspections: Regularly check mattresses, bed frames, and furniture for signs of bedbugs (small black spots, eggs, or live bugs).Furniture Choice: Choose furniture with metal or plastic legs instead of wood, as bedbugs are less likely to infest non-porous surfaces.Bedbug Traps: Place bedbug traps under bedposts and other furniture legs to catch any potential bedbugs before they become a problem.Professional Cleaning: Schedule routine deep cleans between guest stays, and if you ever suspect bedbugs, hire a pest control professional immediately.Clear Guidelines: Educate your cleaning staff on how to spot bedbugs early, and encourage them to report any signs immediately.These steps will help you set up a smooth, well-managed STR that’s ready to generate revenue while maintaining a good relationship with your LTR tenants.

I might use a lower ARV if I know my market slows down during my projected timeframe to sell, but all of this is done before I buy the property.

Offer Value Beyond PriceIn competitive or slow markets, creating value for the seller can tip the deal in your favor: Quick Closings: If you can close faster than competitors, this might persuade the seller to accept a slightly lower offer.

More people in the mix means more opinions, which can slow decision-making or create conflicts if you're not aligned.

**Diagnose the Problem:** - **Market Conditions**: Check if other similar properties in the area have also seen slow movement.

I'm taking it slow and networking.

You have to grow your portfolio wide before you grow it deep.

As you mentioned, having a couple of rental properties as a safety net can provide steady passive income, especially in times of uncertainty or if you decide to slow down in the future.