Could we have done okay if the site was in a geographically different location and we only visited a handful of times?

No.I just provide a great place with great pictures and descriptions.

Thanks for the great photos and descriptions!

Do you know how many times we see low cost homes listed that have NO pictures and barely a description?

A description of how the seller would like you to pretend the property is doing to justify a higher price. 

Wrap it all into one solution and you'll have something I'd pay for.Not the best description, but I'm not sure if the request is still live.Doug...

Mike, as you suggest, geographic diversification is important and if you're interested in talking about other markets that may be appealing, hit me up offline.

However, once you diversify geographically and build a portfolio, losing one property has a much smaller overall effect.I haven't been on BP long enough to get a gauge on the average portfolio, but for those without a number of properties or to those starting out, this isn't something I'd recommend doing, though understanding the reasoning is something I'd recommend. 

I manually key AppFolio Owner's Statement data into a standard Excel template that is prepopulated with recurring descriptions (unit numbers, rents, management fees, landscaping, dates, etc.) 

Besides the benefit of being able to manage listing details such as description, photos, rates from my OR dashboard the best thing is being able to process payments for VRBO bookings through my own payment processor.