So, setting aside the cash flow he enjoyed for the last 40 years, he has a profit of $305,000.  

Chalet is a great resource for getting set up with a STR team.

The seller and their agent hopefully did a good job communicating with that tenant to set expectations.

I started a property management company in 2017 and am now managing almost 800 doors and 6 construction crews.If I could do it all over again, I would have spent a little more time setting up business systems prior to jumping in. 

I'm new to real estate investing, but have thrown myself into learning as much as I can by joining a Veteran based investment community, have been working with my realtor and looking daily for potential multi family properties in the Dallas area for house hacking, which I've set myself an deadline to be completed by May.

Once you’ve set up and marketed your rental, use the cash flow to scale your portfolio over time.

So far, I’ve worked on automating things like tracking expenses, sending out emails, and setting reminders for important deadlines.I’m wondering if anyone has any other suggestions for tasks I should look into automating to save time and streamline my workflow?

Quality furnishings, attention to detail, and seamless operations helped set the property apart, maximizing its earning potential.

If anyone spends any time in Europe, barely any jurisdiction impose these limitations on homeowners/builders yet people live in much smaller spaces... and very happily.

I'm curious what others have run into when comps are very limited.