The rent increase is on the date you stated and you will accept a 30 day notice if they desire to vacate the property prior to the rent increase.Plus you have no loss if they do leave, they are a maintenance drag.

CONSLower revenue potential vs B & BStill need to get the B & B license (and still need to provide "breakfast" even coffee & donuts)STR biz model would mean much hight taxes vs B & B business (from what I understand)HUGE Airbnb competition - area is highly desirable but oversaturatedPROSGreat revenue for an under $500k total investmentQuicker ramp up to produce revenueCan become passive much sooner than a B & B OPTION 3.

Those who cannot show proof of STR earnings for prior year will go into a queue for an STR license.

I put three offers in on various properties in Maine (my desired market area).   

Really the suburbs such as the San Fernando Valley became more desirable. 

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At P/E ratio of 662, future earnings are obviously built into the stock price, but it’s hard to not see this company becoming a rocket ship into the next 5-10 years+.What is everyone’s opinion of TSLA?

He says $2,000 should cover the repair for the sheetrock in the dining room ceiling and to update the cabinets (if desired).Should I pursue this?

Find a real estate investor/ agent to work for in my spare timePros: Gain experience in real estate field, network, possibly earn capitalCons: Difficult to find someone who will be willing to work with me2.)

It's a game of hot potato, because with the demand for housing, you can always get more out of a property than you bought it for...until suddenly it's worthless and you can't, because it's literally falling apart.This has worked as a ratchet on prices for property in China, such that in many not-very-desirable areas in the Chinese cities with employment, a small apartment can be $200k-$500k, where people on average are only making $5k per year!!!!