The inspector told me there is a new smoke detector requirement for Section 8 homes coming January 1:https://www.congress.gov/bill/117th-congress/house-bill/7981...https://www.us-hc.com/blogs/new-smoke-detector-requirement-f...Has anyone heard of this? 

Their only other bills are their mobile phone and car insurance, and with the rest of the money they save on rent, they can spend it on other priorities, whether it’s expensive toys, travel or paying down debt.

./.history of the “real estate guru”1971 - Bill Nickerson, author of the first and maybe the best small investor real estate book “How I Turned $5,000 into $5million in Real Estate in my Spare Time” teams with Albert Lowery, a successful disciple of Nickerson’s methodology to form the Nickerson - Lowery seminars.  

Lots of people in the area will be impacted without tourism economic activity: restaurants, tours, cleaners, property management, etc.I am all about doing what's right with the STR but need to keep the LTRs making enough money to pay the bills.

The PM should have it set up so it is all automated and other than checking rent is paid as are bills, there isn't too much to it and one person usually handles their accounting.

Quote from @Bill Hampton: @Anna TannerWelcome to Bigger Pockets.

Send the bill to your PM and demand they procure payment from the tenant for the damage they caused.

Quote from @Bill B.: Charge $2,000/mo market rent to a new tenant then mail old tenant $500/mo forever.

Originally drafted to prevent landlords from using security deposits for cleaning or repairs, the bill was amended after opposition from the California Apartment Association (CAA).Landlords will now need to photograph rental units before tenants move in, at the end of the lease, and after repairs or cleaning.

Imagine costing yourself a $10,000 tax bill because you weren't working with the right professional.