Develop strategies to address each risk factor.Professional Advice: Seek guidance from real estate professionals, including real estate agents, property managers, and financial advisors.

For all you Airbnb investors/managers....What is industry standard for Airbnb management fees?

I am a huge supporter of Market Leader (used to manage accounts for 40,000+ agents across the United States) and have seen many agents have great success with their leads program, but it is expensive.  

I just joined Bigger Pockets yesterday but I have been managing property in California for several years.

House hacking will also give you some personal "property management" experience.

Some lenders have fixed costs, but most will go through an Appraisal Management Company for bids.

The only problem was that I couldn't buy it in my own name (a complicated story, but there was no way for the underwriter to write for the property to be put in my name as the buyer) so i created an LLC with my father and I as managing members and got the funding for it through a hard money lender.

Following David Green's Core 4 strategy (realtor, contractor, property manager, and lender) gives confidence to invest anywhere.

***NOTE: I would not recommend this if you have a large portfolio, do not live within proximity of your rentals, drive an expensive car, or doesn't want to actively manage properties.The main idea here is to not list your personal addresses on public documents (i.e.

Managing the rehab budget, need to get better at it as inflation continue to rise and labor and materials continue to increase