It will be better for you if the notice of fine specifically references the tenant's actions.

Unless you are just referring to the 5% as paying yourself for your time managing it. 

In case you were wondering I see lots of references to bunk rooms in the area, most of which have two bunk beds crammed into a tiny room.

Not yet, but I'd like to change that in the future.

@Jacob FergusonWelcome to BP, and congratulations on making the decision to invest in your future via real estate.I have written a few blog posts that may help you get started here on BP, and with your investing.

@Rudolph CortezWelcome to BP, and congratulations on making the decision to invest in your future via real estate.I have written a few blog posts that may help you get started here on BP, and with your investing.

This one will be held ‘forever’ since we have family in the area and can see ourselves potentially living in that house again in the future.

@Jonathan HerdinaWelcome to BP, and congratulations on making the decision to invest in your future via real estate.I have written a few blog posts that may help you get started here on BP, and with your investing.

You won’t know everytiing, and all the mistakes you make now mold you for the future, things you will never learn from the forums and articles.

I'm available to either one of you to discuss the STR opportunities in Nashville or give guidance on your potential future investment.