On the plus side- you’re clearly learning how the P&L of an STR works, which is a great step in the right direction that unfortunately many investors learn *after* they’ve made the purchaseAnother thing to note: don’t “cook the books” in your underwriting by undershooting cleaning expense (if using Airdna) .. you should be changing your ADR dynamically to boost occupancy in order to *maximize* revenue .. but this in effect “maximizes” cleaning fees as well ..

Quote from @Kristen L Garner: Hi Jean, welcome and best of luck with your buy-and-hold plans! 

This person can provide you with regular updates and photos of the work, and can also serve as a point of contact for the contractors.Another option is to use a third-party inspection service to verify the work of the contractors.

Buy in a primarily owner-occupied neighborhood to attract tenants who are a lower economic risk, says Ryan L.

First off, Happy Veteran's day weekend, thank you to all who have served something greater than themselves and sacrificed.

To me, HOA has a responsibility to serve the best interest of all the community and not a sector which is where my focus would be in any legal action.  

They ended up leaving after we served a 5 day which was a huge win, to be honest.   

Steve L. thanks for the info.  

https://www.wlky.com/article/l...Knowledge is power....if you are on here frequently, you already know about all the stuff, but it is nice to have a consolidated list!!

When my partner is served with this, he will realize that he is screwed and most likely just agree to end the relationship and give me my money back.