You want “interest only” and not principal for a portion of the rent up period.13Financing- long-termIf your going to grow, unless you have significant capital at your disposal, find a future business partner.14Business ModelI’ll clean up and post one of my spreadsheets later.15Construction:Use local knowledge/availability16Permits17Building type18Building manufacturer19Contractor20Day to day:21Rental ContractPost a “Topic” on this Forum and ask for some copies sent to you.22Rental RatesZagreb’s GDP per capita is $19,132 versus where I live $60,246 metro area of 1mm.

It could take you a month to find your first renter, then they stop paying after eight months, it takes two months to kick them out, then a month to renovate and find a new renter, and the cleaning and repairs cost $3,000.12 months of mortgage, taxes, insurance = $1,400 x $16,800Total income this first year: $1800 x 8 = $14,400Add four months of lost rent ($7,200) plus cleaning and repairs ($3,000) = $10,200 $14,400 - $27,000 = -$12,600If everything went perfect after this first year with no vacancies, no maintenance, no expenses, it would still take you 31 months to just break even.All investments involve risk, but it's calculated risk.

Cash is not really a problem if it is coming from HK and done by bank transfer.Plano is a nice clean city for the most part, many investors though looking north of there, where there will be new growth. 

We charge a much higher rate, a larger deposit, and a mandatory cleaning fee. 

Sometimes the "condition" question can be as simple as the home showing clean, good smells, bright light....

We exceed the competition by having very clean properties that operate as expected.

My lease says you leave early you lose deposit ,there are hard luck cases that I will let them go with the deposit if it  is cleaned professionally .

I am recently divorced and I'm trying to re-organize my life.  I have a home in Jacksonville, NC that I want to get off my credit report.  The home is in mine and my ex-wife's name and so is the mortgage.  The mortgag...

Biggest things are:Ensuring the place is actually clean before the guest arrivesMaking sure all consumables are stocked up: TP, paper towels, soaps, shampoosMaking sure all remotes are in the right place and not lost.Basic cooking needs is a big one people have asked about in previous airbnbs I have managed, i.e mixing bowls, measuring cups etc.Other wise there are some things that arent "needed" but can sure go a long way, such as leaving a $5-6 bottle of wine or some candy for your guests to enjoy, or things such as gift cards to some local place nearby.

We are still trying to clean up the mess the other BKs left the last few years, so there's always something that needs fixed. 3.