"If someone were to rent out part of an existing dwelling unit in a way where members have limited rights to use the common spaces and don’t have access to the other rooms—for example using external locks to separate the home into different areas—that would constitute an illegal conversion,...You will also need to update your insurance policy.

I tried steam cleaning it twice and had a carpet cleaning company come and state that the smell is coming from the padding and there is nothing they can do.

I know for a couple of my STRs the management company uses the keypad system whereby they are able to set codes offsite for each renter and this is super helpful when working correctly.

The only difference is that the owner is not living in one side of those properties like me.

After the fact, you identified red flags and now understand why someone promoting on BP is no different than someone posting on other social media pages...it shouldn't automatically lend credibility to the company simply because they pay to promote themselves on BP.

Learning about the seller's approach and way of thinking can help you make your negotiation plan more effective.Every seller in the real estate market is different, just like every person is different.

They also run another company that goes by Silver Arch Capital Partners.

As an STR investor and agent in Phoenix, Arizona, I would utilize your local tax records and look at similar new builds in the area (even if they are in different subdivisions - as long as they are apples to apples).

Make sure you use a company to process the payments this usually costs about 5 bucks a month in my area. 

I have posted in the past and received overwhelming feedback that I should hire a property management company.