This creates alignment for quality appointments vs just volume. 

I’m trying to learn from operators who have experience acquiring or controlling small multifamily properties (15–25 units) in secondary markets, especially in cases where a traditional bank-first acquisition isn’t the cleanest path.Specifically, I’m curious about control-first approaches where the buyer/operator takes over operations first and aligns incentives with ownership before an eventual purchase or refinance.For those who’ve executed deals like this in the real world:What situations make this approach work best from the owner’s perspective?

Acting decisively and presenting clear terms helped secure the property at a price that aligned with the renovation plan.How did you finance this deal?

Clear communication and timely decision-making helped secure the property at a price that aligned with the renovation plan.How did you finance this deal?

Diversity is a fundamental component.  

Any strategies to align the timing and avoid having the rentals sit vacant for too long?

Its difficult to maintain alignment among "partners" over a long period of time.

Augustine / Jacksonville area that: ✔ Supports traditional residential transactions ✔ Is investor-friendly (fix & flips, investment properties) ✔ Encourages entrepreneurial agents ✔ Supports agents who also invest personally If you’re part of a brokerage that aligns with this, or have recommendations, I’d love to connect.

I recently reviewed a panel discussion from Phocuswright featuring senior leaders from Airbnb, Marriott, and Casago, and it offered a clear look into where short-term rentals are heading.A few themes stood out:• Airbnb is building a broader hospitality ecosystem through services, experiences, and hotels• Marriott is expanding deeper into professionally managed homes with strict operating and brand standards• Arbitrage-heavy models like Sonder were called out as fragile in changing market conditions• The industry is moving away from “any door will rent” toward fewer, higher-quality, better-operated propertiesMy takeaway from this conversation:Short-term rentals are moving away from being just alternative lodging and toward full-scale hospitality.Operators who focus on quality, systems, local expertise, and guest experience will win.Those relying on thin margins, arbitrage, or volume without standards will struggle.How we’re implementing this in our property management businessInstead of chasing door count or volume, we’re doubling down on:• Property selection over scale, only onboarding homes that can meet hospitality-level standards• Operational systems, including standardized inspections, preventive maintenance, and guest communication workflows• Local expertise, with boots-on-the-ground teams who can make real-time decisions and recommendations• Experience-driven stays, layering in services, amenities, and curated local recommendations beyond just the stay• Owner alignment, working only with owners who understand that quality and consistency drive long-term performanceThe goal isn’t to manage more properties.It’s to operate better properties.Curious how others here are approaching this shift:• Are you adjusting your model in response to where the industry is heading?

Self-storage facilities tend to have a lot of components that qualify for faster write-offs, especially things like climate-controlled units, interior build-outs, security systems, lighting, and other site improvements.