.  Also, if you can only afford a condo, if there is a natural disaster or any other construction needs, the condo association can keep your units under construction during your entire high season preventing you from renting.

A good PM is efficient with solid policies in place that enable them to act quickly and prevent things from getting out of hand.Legal Compliance & Risk Management: A good PM knows the law and protects you by obeying it.

I skimmed the document — like I had a dozen times before — and signed it without catching the change.As a result, instead of bringing the listings back in-house like we had planned, I accidentally extended the agreement another six months.I didn’t slow down.I didn’t read carefully.I signed something I shouldn’t have.It was a painful (and expensive) reminder: gotta stay sharp even when something feels routine.Familiarity can lead to missed details.And its usually the small stuff that turns into the big stuff.Always double-check.Always slow down.Especially when it feels “automatic.”Lesson learned.The good thing is that this $25K mistake today will prevent a $250K or $2.5M mistake later.

If we stay at the property and do substantial work each day (I believe that is the term), does that prevent any personal use or vacation use in IRS eyes?

Insurance - ValuePenguin, Metro Property Taxes - LendingTreeNo Rent Control: Rent control may prevent you from increasing the rent fast enough to keep pace with inflation.

Avoid representing either party in the same deal to prevent conflicts of interest, and be fully transparent about your intent to assign the contract for profit.

I’m concerned that, despite having the funds and support system in place, my recent credit hit may prevent lenders from backing my projects. 

Adding a water leak sensor or protective measures to prevent damage might mitigate the risk.

Not everyone, can guide you, ask you the right questions, structure loans according to your financial circumstances, and prevent you from wasting time, and losing a lot of money. 7.25% is a great interest rate for the loan you are looking for.

Maybe anonymous or semi-anonymous from hosts they know the guest stayed at to prevent retaliation.