I don't belong, but its pretty much the only in person one around.

So many developers have been welcomed by small businesses and residents that are now moving to the area, making it ideal for rental properties. 

The rates are always going to be different between anything that is for personal use and anything that is considered purely investment.

The absolute best city or town to invest in ( do not get stuck on the notion of investing in major metros or you will miss out on many interesting opportunities) is . . . the one where you have a team you can trust, where you are able to learn the market and its nuances and get to a point where you are comfortable doing business there because you know how things work and what the market requires for success.

They seem to have a good business model and one of the owners is an investor himself which is definitely a plus, but they charge a leasing fee (to find and get a qualified tenant into the property) equal to 1 month of rent, which comes out to an additional 4%-8% on top of the monthly 10% maintenance/management fee depending on how long the tenant stays.

I'm keeping a couple free checking business accounts; I'm a self employed web developer so that has its account and then the property investing, the other account.Yeah, fees suck and I had a great blowup with my local bank where they charged me 28 bucks because they couldn't get their deposit dates straight.

Have a person who can guide you through the couple of deals you do at first to make sure you can really know how to do a deal from start to finish (not the remodeling, but systems)3.

Hence, they are looking at STR as business income rather than passive income.

Don't just spam blasts to agents, take a personal approach.

Hi Sharon,If you've found a good and qualified company/person to do the rental arbitrage on your property, that's fantastic!