@David Travieso first check state and local landlord tenant laws because you may be required to provide lodging or possibly just reimburse days not available, if damage was not caused by them.

I did everything.....except provide the money. 

. :)  Well put, when you provide a quality product you earn respect and credibility.

It will help you read the law, gives practical advice on how to manage, and provides some sample forms.

Unfortunately, the registration system wasn’t quite finished, and we didn’t feel comfortable launching it before having a chance to test it internally.

My goal is to make a well-informed decision that not only helps with my mortgage but also provides quality housing options for locals or students in the area.Thanks in advance for your help!

Used to be you would tour a couple of properties and get to know the folks and they would get comfortable with you before you asked for exclusivity. 

Strategies to improve your occupancy rate include optimizing your pricing, targeting the right guest demographics, upgrading amenities based on market demand, gathering positive reviews, etc.The DataSo for our analysis, we've peeked into the data here in Austin, TX using a leading short-term rental (STR) data and analytics provider called AirDNA.

@Kasim RashidBased on what you provided it seems like you bought the foreclosure on the firstNow what is not on that report is any water sewer or utility liens or potential code violations which could attach to the propertyI recommend before bidding at foreclosure to do your due diligence and home work

I appreciate any factual guidance the community can provide.