Hey Mariya, Scott and I work together at Hardin Realty & Property Management — we manage 100+ STR properties and love west Sacramento.

Our goal is to buy a property a year so I thought it was a good idea to open a LLP to manage said properties. recently we discussed this with an accountant and he said there weren’t tax benefits to this right now.  

You may stand there with a dripping paint roller in your hand showing an available rental property and at least 30 percent of applicants will ask "can I paint?". 

There are companies out there that manage the whole process for you, which I am considering, though until now, I have really wanted the understand all aspects of the vacation rental myself.

I manage around 400 rentals with 14 years of experience and have never been sued once.

Hello,I was wondering if most of you do an application and a background check?

My total property management fee was only $2,300.  

My property Manager has contacted the case Mgr, the supervisor, the person over that dept.

And it is only like 20 bucks/year like others mentioned so unless you plan on being locked in analysis paralysis for a year you will not even save that much...YES if you are buying turn key and plan on using property manager for everything. 

One of our team members who lives in Michigan has agreed to take on the cleaning/turnover themselves, but we know this isn't a sustainable business model.For those of you in the area doing AirBNB/VRBO, how are you managing turnover?