@Julie Haggerty, do mid-term rentals require a different kind of insurance?

Do everyone a favor and read on the requirements in the CA contractors license board on How to Become a Contractor before asking the forums.

While a $130,000 property might seem appealing, managing it from afar requires careful planning, considering travel costs, taxes, and legal obligations like understanding landlord-tenant laws specific to Kansas City.

I am not sure if all stayed require due diligence money but I think it's just a scam.   

I’m in NJ and I believe they require you give tenants until the 5th of the month (sometimes longer for senior tenants).

Required to clean up after our selves as we go.

Your assignment agreement should specify the amount of EMD you require and the timeframe for it to be deposited.

If this does not happen, you can counteroffer specifying the required 1031 language.To fully defer the capital gains tax, you must reinvest all the proceeds from the sale into the replacement property.

We're talking with someone who may be coming into our company's leadership that will require health coverage.

It’s probably a better deal to buy an umbrella policy and lower the building liability to 300 or $500k (whichever is required by the umbrella company).You are more likely to hurt someone personally than your building is.