Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

It takes more effort and there's more risk involved (therefor more reward), but it just depends on your goals and how you want to get there.As far as focusing on areas with high demand for travel nurses, that's just 1 tenant-type of many in a changing landscape.

@Eric Helena, There is no statutory prohibition against purchasing from a related party to complete a 1031 exchange. 

We only charge third-party fees like the appraisal and the borrower pays the vendor directly.

If not you might be stuck with the work and the commitment to doing it since the city would be the ruling party.

This agreement with your general contractor acts as a roadmap, with clear expectations and protection for all parties involved.One frequent mistake is the failure to include sufficient detail or being too vague.

In most cases due to the transaction sizes, there's very little margin for these 3rd party vendors (particularly brokers, property managers and contractors).

Got insurance involved and use that money to remodel the entire inside, and add a new roof.

We normally do not seek judgement due to the expense that is involved, even after you win you have to continue to renew the judgement every year.We put them in collections and have it hit all three credit bureaus.

What I hear from various people involved in the STR world in Denver and Colorado Springs is that this bill is likely to pass, but that it's also likely to be amended from its current language.There are two potential areas of change I hear about:-- The number of nights rented as a short-term rental that trigger this reclassification.