Varies a lot with credit score and experience.

I have never heard of someone having a good experience with a claim.A friend of mine waited 30 days in the summer for the warranty company to fix his AC unit.I'd put the money back for repairs.

You should line through the dollar amount so it reads like this:"...Tenant shall pay a late fee of $0 or 5% of the periodic rent."

Your experiences and insights can be invaluable in helping me make an informed decision.Please feel free to share your thoughts, experiences, or any relevant information.

Having boots on the ground with an STR can make or break the guest experience, as well as preventative maintenance and quality upkeep of your unit. 

@David O'Sullivan JrRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

As you gain experience, you can explore financing options to scale up.One thing many new investors wish they knew: the importance of accurate ARV (After Repair Value) estimates.

Hey @Wesley Read It looks like it is legit back. 

Sam, in my experience the little details like this help vacancy rates and increase the monthly rent. bathroom: Toilets are cheap and are easy to install.

Hi all,I have an ex-tenant that owes back rent and damages after they left that the security deposit doesn't cover.I read some forums here and am getting some mixed signals on the process of collecting debt.The way I read it is you can just go to a debt agency with in my case the signed lease and also the security deposit transmittal showing what's owed and the collections agency can legally take it from there.