@Haven GarberDefinitely Metro Detroit Our whole team invests here successfully Purchase: $80k-$130kRent: $1200-$1450ROI: Double DigitCash flow: couple hundred/monthAppreciation: Double digit (for past 10 years, will gladly send data)Location: C, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare and Auto industries.

One of the  reasons is the potential for a partially constructed property to have unpaid tradesman who may file a mechanics lien divesting them of their secured position. 

For the most part it's mostly cosmetic as it has a newer roof, windows and mechanical.

@Eugene PasechnikMetro Detroit (my rental portfolio is here)Purchase: $80k-$130kRent: $1200-$1500ROI: Double DigitCash flow: couple hundred/monthAppreciation: Double digit (for past 10 years, will gladly send data)Location: C, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare and Auto industries.

This is a separate savings account, that auto transfers me a "paycheck" on the 1st and 15th of every month.

@Henry ZhuMetro Detroit (my rental portfolio is here)Purchase: $80k-$130kRent: $1200-$1450ROI: Double DigitCash flow: couple hundred/monthAppreciation: Double digit (for past 10 years, will gladly send data)Location: C, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare and Auto industries.

i know the top 3 are 1-calltools2-mojo dialer3-batch dialingbut is there any kind of free version of an autodialer because the main goal is to save time (google voice is just too slow and tedious)

For us, the following softwares have proven useful in making our STRs more hands-off:- Pricing Tool: PriceLabs - dynamic, data-driven pricing tool that auto-updates your listings, optimizing income and occupancy by adjusting prices based on market data and trends.- Cleaner Scheduling Manager: TurnoverBnb - automates scheduling and paying cleaners at its core, but can also systematize guest check-out and reviews.- Channel Manager: Guesty - allows you to list your STR on multiple platforms (Airbnb, VRBO, etc.) and manage it all from one place.Hopefully this info is helpful, and I’m happy to answer any questions on self-managing STRs.I'm also curious - have you all had success with any other STR management tools/softwares?

I have four rental property's, and my personal home listed on my umbrella policy, but I recently purchased another property and the insurance company I'm with (allstate) won't allow me to add it to the umbrella policy as they can only allow four investment properties, I'm told.I have all my auto's and property insured through Allstate and they have been good to me, but I'm going to have to find another agency that will put my 5th investment property and future property's under an umbrella, or get a second umbrella.

Mary Joe,A personal Umbrella should be covering your Home, Autos, Boats, and Rental properties.