Get with a good agent who understands short term rentals because the more of these you do then you can scale the insurance under a Business Owner Provider Policy (BOP) and then you don't end up with a dozen individual policies out there for each property that cost you a fortune.

And while I was able to increase rents substantially, the making the garage a garage again, also involved a full gut remodel of the rest of the house, so the design and newness certainly played a big roll on the rent increase.Second case study, my wife and I recently bought a flip.  1960's built, four bed 2.5 bath house.  

Keep in mind that some of these obnoxious transfer taxes are not considered state or local taxes for tax deductions but rather increase the basis of the property as part of acquisition costs.

The shorter the prepayment term has an impact on increasing the rate.4.

https://www.biggerpockets.com/business/finder/property-manag...

When the property appreciates, it increases the equity on a 1 to 1 basis. 

I am a licensed MLO in Louisiana and would like to learn everything about the entire business. 

I own a business that builds modern, prefab tiny homes (or cabins depending on how you look at it), and I am looking for a market where I could set up a few of these to use as model homes, available as a STR.

For example buy 300k property, renovate it (pay yourself essentially)  turn into 400k+ plus home, increase rents and cash flow.   

Do not be scared to politely but firmly renegotiate with these established guests to terms that fit your business plan: raise price to where you cover expenses and require that they either rent from Dec 1 or from Jan 2.