And they implemented it by reducing your percentage ownership if you DO NOT participate in the capital call. 

County exceptions* Rockaway Beach: A STR CAP on licenses/permits was implemented at the end of 2024 that allowed active and operating STRs permits to transfer (one-time) to the new owner - until the number of active rentals was under the newly established CAP.

3) What's the initial time burn to implement this?

WE upped out security deposit coverage from 1x rent to 2x rent when we implemented, and that has been pretty seamless.

When investors understand why conflicts arise and how the resolution process works, they can implement practical systems that prevent most issues from escalating.

Evaluate the situation to see if you could have done anything differently to mitigate the loss and implement changes to your processes, but know that this happens and hoepfully just not too close together. 

I've never increased the rent on my tenants, but I'm thinking of implementing this strategy starting this year.

I implement the steps and use Innago (management software) to collect deposits, rents, and get leases signed.

I have a quick explanation for the price increase... originally the mentorship was for 16 weeks and after getting feedback from all the ladies in the group- they loved it but felt it wasn't enough time to learn and implement all the different strategies and learn everything.

Lease Terms:Consider a shorter lease term (6-12 months) or requiring upfront rent payments if you feel it adds an extra layer of security.By implementing a co-signer requirement and requesting supporting documentation, you can confidently rent to graduate students while minimizing financial risk.