It can take a little more coordination, but it keeps everyone aligned and the project moving.

It keeps both sides accountable and prevents a lot of this kind of stress.I work with out-of-town investors here in Indiana to help them avoid exactly this type of headache by overseeing rehabs, coordinating contractors, and handling details like budgets, timelines, and communication.

You’ll see how things like maintenance coordination, leasing fees, inspections, and even travel/visit reimbursements are typically worded.Once you have a few to compare, you can pull ideas into your own agreement and make sure you’re covering your bases without leaving yourself open.

.• No markups — pass-through invoices; clearly listed coordination flat fee.Options: Threshold $100/$250/$500/$1,000 • 1 vs 2 quotes • Flat vs % (with cap)Fees & Transparency• Schedule A: all fees separate & clear (no fine print).• No hidden fees.• Possible: leasing, renewal, inspections, eviction coordination, after-hours emergency (only if used).Options: flat vs % • your no-gos?

, During that time, my assigned Investment Strategist, Melissa Justice, coordinated directly with my inspector and the builder to ensure all necessary repairs were completed—without me having to step in.

Let me break it down for you in a more conversational way:If you and your spouse are currently limited in how much you can deduct from your long-term rentals (LTRs) because of passive loss limitations, adding a short-term rental (STR) can potentially open the door to a completely different tax benefit, even without qualifying as a full-fledged real estate professional.Here’s how it works:The IRS treats STRs differently if the average stay is 7 days or less—these aren’t considered traditional rentals, so the income (and loss) isn’t automatically passive.That means if you can prove material participation—like doing most of the guest communication, cleaning coordination, pricing, etc.

I met with the property inspector to ensure compliance, coordinated photography and handyman services, and organized every space so it was guest-ready.

As a small landlord in NYC, I’ve found the pain points aren’t just fixing things, it’s:- Having a single, reliable place for tenants to submit requests (no lost texts/emails)- Making sure nothing slips through the cracks once it’s in- Coordinating vendors quickly without 20 back-and-forth messages- Keeping a clean record of costs, so I’m not piecing it together at tax timeI’ve been working on a system for myself that handles those basics automatically—tenants drop requests in one channel, I get nudged if there’s no update, and vendors/receipts are tracked in the same flow.It’s not about replacing the human side (I still decide who does the work and when), it’s about stripping out the busywork so tenants feel heard and repairs don’t stall.Curious—if you could wave a wand and simplify one part of maintenance, would it be intake, scheduling, or tracking costs?

Makes check-in totally hands-off.Cleaning coordination – Turno (formerly TurnoverBnB) is great for scheduling cleanings and syncing with guest checkouts automatically.Noise monitoring – Not required, but to me it is 100% necessary.

This site location, per the coordinates on the GRM website, is near Greensboro (central North Carolina) and expected to create 1,750 jobs in the state.