I am a licensed local property manager in the greater Asheville NC area and looking to  locate PM's in the area who may be looking to retire from the business and sell their book of business. 

I have not found one opportunity yet that gives me an ARV of 75%.Any professional investor will tell you that if you go over that the amount of work that you have to put doesn't worth the return.My latest was found in the MLS where we got a better deal than what I was getting from wholesalers.Let me clarify that the wholesaler business is needed, but it seems at the lack of deals they are putting the pressure to then investors. 

Hello,I'm reading Avery Carl's book "Short-Term Rental Long-Term Wealth" and she mentions setting up a designated business account and making housekeepers fill out a W9 and paying them through direct deposit or an online invoice payment platform.

We want to scale up our STR business.

This approach allowed us to move quickly and efficiently, ensuring the project stayed on track.

However, as well know , there is nothing that nanny state will allow to exist without stifling it.

Some tenants will shape up if they see the new owner means business (paying rent on time, etc.), so it's important to enforce rental agreements when you take over. 

This would allow you to get some cash out, make the final repairs, and then do the final cash out refinance to prepare for your next one.Good luck!

I have a dog myself and, therefore, will have to allow pets in other units as well. 

We are going to allow pets, so we did nothing but several good coats of wax on the hardwoods.