Assist, educate and lead others to a positive conclusion, but you can't do that learning from the gurus.Understand it could have been much worse, you could have gotten stuck, been sued, fined and tagged where you couldn't obtain a professional license. 

Obtaining your contractors / handyman via referrals will save you so much time, and, headache.

Beyond the basic utilities, it is critical that you obtain the current/new year Operating Budget and Reserve Funding Plan to answer your questions.

Who here is really good at structuring opportunities using PML such as your friends/family /business partners  to obtain real estate ? 

Held the land, obtained wastewater permits and subdivided.

HI Pierre,As long as you can obtain the necessary margin between rental income and your costs to achieve your desired return then it could make sense.

I've given Sees Candy gift certificates, which I can usually buy at half price if I get more than 5 at a time.

My concern is if damage continues to happen I'm not sure if the security deposit will cover all the damages and am unsure how successful I would be in obtaining any additional money from the tenants to cover damages in excess of the security deposit.

With regards to the response that I obtained from a member of the Planning and Permitting Division and the city not "permitting" STR ,  my lawyer's response went something like that - "permitting" as if "issuing a permit" or "allowing."

I firmly believe that type of product you provide is also a direct reflection of the type of tenant you will obtain.