It is your only leverage to ensure the tenant complies with the terms of the lease.

I have been in the short term rental space for quite some time now.

Also, what type of property (turnkey or fixer-upper) / and your rental strategy (short-term vs. long-term)?

They are short term rentals @Marie Grabo. :) I would take some time and check AirBNB and VRBO directly and see what others are charging nightly, what their amenities are and what their calendars look like.You can compare that with the AirDNA results and get a better idea.

I purchased my first property in Tampa in 2019, and it has been a long-term rental over the past year.I am currently looking for my next property, which I want to be a BRRRR/house hack.

So if a tenant breaches their rental agreement the landlord cannot require that the tenant immediately pay all future rent through the end of the term.

I'm hoping someone will clarify...RentsAdvertising / Auto & Travel / Cleaning and maintenance / Insurance / Legal / Repairs / Supplies / Taxes / UtilitiesMortgage interestDepreciationFor long-term rentals...what would be an example of CoGS?

Call them up and tell them to add you to their list.Finally, foreclosures, specifically pre-foreclosures are 100% worth it.

I would like to start in syndication or short term rental deals.

Hi Michael, You could structure the loan on shorter term so you end up paying less interest over the life of the loan.