This includes furniture rental, all set up and take down, and "professional quality interior design."

I find quality workers attract other quality workers.

I used to also go to the Boston AREIA but stopped going as the quality of the meetings were going down hill.Look forward to meeting you if you make it to the Black Diamond event on the 28th.

Hi @Sandy Franklin - I have a vacation rental in Portland, Oregon and manage it myself and 20% seems awfully high to me, I think the standard is 10%.

If it sparkles like gold, he's going to stick some of those properties into his grid.Keep in mind they try to choose properties that are similar in age, size, style, & build quality, that are as near as possible.

Liam, You are right, I am in Houston, Indy, and Memphis :) Cash flow works many places, but the team is a big piece, and you can believe there are different quality teams in those markets.

Both lists can be a good source of leads; but as always, consistent mailing over a long period of time and quality of letters and post cards are important.

While your opinion is duly noted, and I agree that the opportunity cost is higher to rent elsewhere in most cases, the fact is, under the definition by the International Accounting Standards Board, the example would fall under a liability.

Isn't just buying a good quality (year and built included) home at normal price and renting out for a monthly cash flow a good thing too?

I'm factoring an extra 6-8 weeks on top of the standard 6-8 week schedule for the rehab.