It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Wishing you the best!

We offer the tenants a 1 set prices all bills included and all the best amenities a tenant would want.

Easy to set up and monitor.

MattYou’re talking about setting up a hybrid situation where you’re marketing for properties yourself but utilizing existing personnel expertise.  

What are things we should keep in mind locating and setting up a STR in Philly.  

- Set temperature schedules based on occupancy.Savings Insight: - Smart thermostats can learn your habits and adjust settings for optimal efficiency

These type of assets are not appropriate for this type of set up the ONLY investors that make these work are locals who do this for a living working collecting rent in the poorest neighborhoods of the US.

The prepay covers the cost a lender has in setting up a loan (anywhere from $9000- 13000 in processing/vendors/salaries/overhead...).

look at other str's on air bnb in your market and try to make yours a little better. get a hot tub on site and you would be set for some great cash flow!

It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Wishing you the best!