First, all first flips take 2-3x as long as you think and cost 2-3x as much as you think.

I personally don't think it's that great in terms of a full-on PM software.

We’ve been gathering information about the rental property market in Japan in terms of realistic expectations for yields, as well as a reasonable timeline for getting started and generating income to support our family. 

Purchase price: $726,000 Cash invested: $1,300,000 Sale price: $4,500,000 We are developing a 4 story a luxury Duplex.Property is primed for short term rentals with conservative estimates of ($40,000-$50,000) per month.

You might want to have a conversation with them to remind them of the lease terms and express your concerns about the hookah smoking in the apartment.

I am working with folks in the Scottsdale area who purchase properties around the $800k-900k range (5+ bedrooms with large lots) and remodeling to be purpose-built short-term rentals.

with todays rates one could get7 to 10% interest on that long term and then defer your Cap gains over a course of years.

I am not a PM or attorney, however I have seen other owners just do individual leases for each tenant specifying the room and terms. 

I'm Isaac from Southern California, passionate about real estate investing for the medium and long term.

My confusion lies around the term "company applicant".