I'm relying on appreciation of the house to make up for it in the long-term.

But we do want the option to use it as a short term rental in the future.Do I need to go the ADU route - separate address, utilities, etc?

I am also considering investing in short-term rental properties on the West Coast.

The PMC industry is actually transitioning from VAs to long-term Remote Team Members.

@Francisca MacThere are many ways you can adjust all the settings… but the short “as it comes setup out of the box” answer is that there is no charge to a tenant to make a payment using a routing number and account number to post a payment.If the tenant opts use a credit / debit  card, there is a convenience fee charged for the use of the card.  

The real play is to get a seller-financed note and then sell all the homes during the term they give you and then refi out.

Hi Tim,There are several effective strategies and resources you can use to stay informed about future development planning in your area, without solely relying on attending city council meetings:City Planning Websites: Most cities have planning department websites where they publish upcoming development projects, zoning changes, and long-term planning documents.

Hi Ian,I might do that deal if I also felt that the rental amount was projected to go up (like in a high growth market) or if appreciation looked to be promising and I wanted to exit the investment in a short period of time but in general, by doing the deal with only a 6% profit, the margins are slim to make it worth it in the short term at least.~ Lindsey

Purchase price: $194,500 Cash invested: $42,000 Fits the perfect long term cash flow model

I am looking for peace and tranquility in terms of property management.