Maybe as an additional safety net set your DSCR% or cash on cash return a little higher than other areas you own. 

They don't get involved at all with booking or essentially anything with the guests other than emergency repairs or some other issue I can't handle with them.

The key factor is physical presence, which, as you mentioned, requires being in the U.S. for at least 183 days during the calendar year.However, it’s essential to note that the substantial presence rule can apply to foreign property owners who spend extended time in the U.S.

You have to confirm there are no pending assessments and lawsuits against the HOA before buying and an assessment usually comes for roads, roofs, windows, decks, and stairs that were not done properly or have a safety issue.

Patience and flexibility will be essential in this market.Key TakeawaysPalm Beach’s market is adjusting, but it’s far from stagnant.

This should include which areas you can access, what hours you can work, and any safety measures you’ll take.

This included installing new tile flooring at the front of the house to enhance curb appeal, upgrading the electrical panels for safety and efficiency, and putting on a new roof to ensure long-term durability.

Moving forward, setting firm boundaries in negotiations is essential.

The majority of that time I was using it for personal gain, buying properties essentially for myself. 

Essentially, I put myself on a budget plan where I take the annual cost of utilities, divide by 12, and transfer that amount +10% every month into the utilities account.