Good afternoon, BP.I've been looking at New Landlord Transition letters on this site and wanted to create one for myself.

The security deposits should have been transferred over and confirmed at time of closing.

Quote from @Ben Scott: Make sure to close the transaction at a title company and have the deed and title put into your name.

This seems like an impossible task in the Denver market at the moment, but I am looking forward to not living in an AirBnb soon!

There's definitely a learning curve but as long as you're prepared for it all both mentally and financially, it can be extremely rewarding.Also starting up my first STR here in CA soon... just my ADU we're almost done with at our primary.

I've started looking at Columbus because my business partners have found success doing Mid Term Rentals there and the returns are solid.

I also like to have my phone handy showing the final comp set pricing on the traveler view on Airbnb at the same time.I think starting out slow is good.

At the end of the day, we’re running a business, and we’ve got employees and marketing costs to take care of, so we need to make sure it all adds up.

Not at all.

Live in one unit , rent out other unit and accessory unit, mortgage on the property would be about $6800, rental income would be : $3000 from additional unit , and $1500 from accessory unit and I would be occupying one unit , leaving me at negative $2300 per month .