Unfortunately, NY does not offer many local STR companies due to the regulations that make STR hosting difficult. 

There’s a ton of investment pouring in, job growth, and a growing demand for housing.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

If you need any help with the financing, Aslan is beginning to offer the Chattel loan very soon which could be a great help.

I am not exactly sure if calculations are accurate and feel stuck with this decision, I would appreciate if someone could offer an advice or potential solution?

@Brady Ascheman - No, if you are not offering the guests services that add to their convenience then there is no SE tax.

I know of several DSCR and portfolio lenders who offer different terms based upon your situation.

We self-manage our five-unit property with both—while RentRedi's reports can be clunky, Stessa offers much better reporting.

---Investors always compare/hire people of Craigslist that are uninsured, questionable skills, are unreliable and offer no warranties.

One way to save some money, especially if you are local is to split the job.