Want to just start somewhere but hoping to gain insight on 1st trip in STR market using property management group, establishing LLC and insight on how to dive in properly Hi Lloyd, I would be happy to connect with you and share my insights on the short term rental market on the emerald coast.

What you are paying for is #1 ensuring you are not sued for unknowingly violating fair housing laws, #2 ensuring your property is priced correctly according to comps, the best property manager cannot fill a unit with good tenants if it is $300 over market rate. #3 properly market your property accentuating the positives of the property.

You give proper notice to terminate, and you are unfettered by all of these complications.

GCs often add their fee on top of their subcontractor costs, so this can save money while still getting the work done properly.

Same for 2-years of job/income stability.Tenant Default: 10-20% probability of eviction or early lease termination.Section 8: Class C rents usually meet program requirements, proper screening still recommended.Vacancies: 10-20%, depending on market conditions and tenant screening.Cashflow vs Appreciation: Should cashflow immediately, at the lower end of relative rent & value appreciation.Class D Properties:Tenant Pool: Majority of FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, but should have no convictions/evictions in last 12 months.

The challenge was ensuring all paperwork and logistics were handled correctly in a very short timeframe.

Section 280B In the case of the demolition of any structure—(1)no deduction otherwise allowable under this chapter shall be allowed to the owner or lessee of such structure for—(A)any amount expended for such demolition, or(B)any loss sustained on account of such demolition; and(2)amounts described in paragraph (1) shall be treated as properly chargeable to capital account with respect to the land on which the demolished structure was located. 

Cleveland proper is particularly nuanced. 

Rehab costs are for me personally to figure , so I can properly negotiate the selling price with the seller.

What I see is that if you set your pricing properly with the minimum night settings, AirBNB provides more bookings.