You also have have to be careful of title junk fee's they exist and it may make some title companies angry but they charge for some unfavorable line item fee's. 

Granted, the vacation hot spots don't want to totally outlaw STRs, but they could make it a low return business model...especially at current prices.Also, for most communities across America (non-vacation) there is a growing subset of the population that would rather stay in an STR than a hotel. 

Below are a list of items I ran into that hopefully you can skip:Bought a Frankenstein triplex (wires, plumbing, venting, all crossed multiple units) - Any time I had a repair it usually effected multiple units and drywall/paint/flooring had to be replaced.Utility Companies - I was charged $3k in one month for a sewer bill.

He understands its a learning experience on both sides, so these posts give me to items to learn more about, such as wholesale properties and the process.

PM fees are percentage based, and on gross.Capex needs to be assessed on a deal by deal, item by item, basis.  

Including a lot of problems in some of our clients' business models, but fortunately, we have helped them to find alternatives to reduce operational costs and keep maintaining the post-pandemic results.

Then I could consider what you are comfortable with rehab-wise, most people only want to do cosmetic items because it's easier.

You need to make sure you have enough coverage to replace all those items. 

I like the independent insurance model because they will match you and the property to the company that likes you the best. 

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