One of my biggest issues is the “over-analysis-paralysis” problem, hence the lower price point goal to ideally allow me to just go for it when something may pop up. interested in learning more about your company, I’ll take a look and let me know if there’s anything you would suggest.

No, to many issues and it only fits one guy.If I did STR's and wanted a hot tub (they are technical called a spa ), I'd pop about 5 grand (or so) for one (maybe on payments) that seats vs lays down about 7 seated guys.With a cover for it, and run the (probably 50 amp GFCI breaker, wiring and cutoff to it) (probably $1,500 or so electrician rates).It also needs a concrete slab under it of X inches thickness to hold the weight.Then build a small deck around half of it at rim height.The proper hot tubs hold about 400 to 500 gallons (or more) of water and that needs to be dumped about 4 times a year, with chemicals added to the existing water on a regular basis (pool service or self labor (not renters doing it).Typical they heat 24/7/365 and might cost $3 or $4 a day to keep hot (depends on your electric rates and the amount of insulation the unit has, as well as your outdoor temps..Austin will cost less then Alaska).

If you want to keep growing though you have to start to put systems in place, if you do not then you will be a small mom and pop shop that can only handle what you can do.

More and more deals seem to be popping up on the MLS with current market conditions.

work with someone who has a strong relationship with your realtor or whoever you're buying with...this helps minimize the issues that pop up as the two parties are more likely to be able to work it out and not have things fall apart.

There is a sense of pride and ownership with rentals especially if you are mom/pop owner or you are an asset manager managing thousands of units because you want those prices to be high are all reasons to keep those places in shape.

Other people will suggest having a few months (3-6) worth of expenses to cover vacancies and any general things that may pop up.

If you plan to hold you most likely won't sell sooner than 2 years unless something pops up.

And if I have an audit, I just need to click on my book links and the receipt pop up.You of course need a proper digital backup plan for all your data, but it is no different than if a flood, a fire or rodents destroy your paper archive.Last but not least, when I am not home or traveling, I can still access all of them from my laptop.I am doing the same with all my bank statements: I am downloading them religiously every month.

Many vacation rentals popped up here.