All Forum Posts by: Andrew Street

Hey Ashley - Congrats on the new STR! Since you're targeting families and already have a pool and nearby sports fields, I'd lean toward removing the L-shape to open up the space. Keep the back bar with the sink and mini fridge for snacks, drinks, and a fun movie-night vibe. It keeps the charm without making it feel like a basement bar meant for partying. Sounds like a great setup either way!

Hey Nick - For simplicity and security, many hosts use an electronic deadbolt on just one door—the primary one used by guests—and keep the other door locked with a standard lock. This helps avoid confusion and ensures remote access control, while still keeping things secure. Just be sure to clearly communicate which door guests should use.

Hey there Scott - If you're managing the property yourself or plan on long-term tenants who care for the space, white cabinets can be a good choice, especially in small kitchens that need light. But if you're doing frequent turnovers, renting to short-term tenants, or managing remotely, the durability and low-maintenance nature of oak or cinnamon cabinets may be the better route.

Hi Karina - We use duvet covers over all our comforters and wash the duvet covers after every guest stay, just like the sheets. It’s much easier and faster than washing bulky comforters every time. We also keep extra duvet covers and inserts on hand so we can quickly swap them out during turnovers while the used ones are being laundered. It helps keep everything fresh, clean, and efficient, and guests really notice the difference!

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Hey Joel - You're actually in a pretty solid spot. It's definitely possible. A DSCR loan could work since it's based on the property's income, not yours. As long as it cash flows, lenders usually don't care about your personal income. You've got the down payment covered, which is huge.

You could also bring in a partner who can qualify for the loan if needed. Definitely doable.

Hey there Matthew - We're in the same situation with an HOA fee per stay. Right now, we just build it into our nightly rate with dynamic pricing. You can add a separate fee (like a "management" or "community" fee), but it might turn off some guests who are sensitive to extra charges. We've found it's cleaner to keep things all-inclusive, but would love to hear how others are handling it too.

Hey Rimane - Yes, house hacking is a strategy anyone can use if the situation fits. It usually involves living in one part of a property and renting out the rest to help cover the mortgage.

FHA loans can sometimes work for this, especially if you're buying a place with multiple units.

Hey there Mike - Sorry to hear about your dad. Having a good property manager can be worth the cost for the peace of mind alone. If you're not planning to scale and don’t want the stress of late-night calls or coordinating repairs from afar, the $250–$300/mo could be a solid investment. Just make sure to vet them well. Interview a few, check reviews, and ask about their local vendor network.

I'd be happy to connect to share more ideas! 

Hey there Alan - That setup sounds like a great fit for MTR, especially with your proximity to multiple hospitals—travel nurses love those kinds of arrangements. Renting rooms individually can definitely work, but keeping all rooms consistently filled can take effort, especially coordinating move-in/out dates and personalities.

Shared spaces can be a plus if managed well, but you’ll want to set clear house rules and maybe even provide light cleaning of common areas to avoid issues. Overall, with your location and setup, it sounds promising!