Stay informed on market trends and strategies.

Knowledgable operators will underwrite deals and pick only the ones they believe they can achieve close to the 2x EM or above at a 5yr mark. 

It's easiest to start in your local market where you can be hands-on and already have knowledge about the area.

There is no way to know if the tenant is going to stay or not.

Thanks in advance for the knowledge everyone brings to the forum. 

You'd basically be operating like an extended stay-type hotel operates.

We will never stay with Wish Star Rentals ever again, we are suggesting you do the same and stay away.

Thank you so much for sharing your knowledge and wisdom.

You're a Wealth of Knowledge.

You or someone definitely have to be readily available to deal with any problems, but after the first few months you should have enough of the initial kinks worked out so that guests rarely contact you during their stay.