I do not allow children in my STRs, nor do I allow pets....I see them both as extra work for me and potentially more damage to the property.

Point I'm getting to, is if you have the time, maybe pursue something on the side that demand your time and make extra money while continuing to educate yourself.

So with the extra money how would some of y’all get ur third property with 2 VA loans already in ur pocket.

In return he moves extra quick for me to get me closed quicker and with less headache.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it.We have a 12 page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.

Some of these may be repair items, others are Capex, but it all falls under similar work, in my eyes, i.e. paint will always be a "repair" from an accounting standpoint, but there are the turnovers where I can just touch up spots, and then every 5 years or so, I need a full interior repaint to bring the color scheme back to modern aesthetics.  

Doesn't mean that you don't want to make money and also sounds like an extra $50 trying to hit it on the head exactly could add extra stress and strain when you're trying to purchase the next one and have it contingent on getting a signed lease.

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

Not worth the hassle and extra paperwork.

You may be ahead of your reserves for a year or two, but quickly can fall behind those your reserves, as budgeted.I take a very conservative approach, but not only budget all recurring items, like landscaping and snow removal, but also take the replacement cost of every item divided by the useful life (both physically and aesthetically) and budget that as well.