Hello everyone,I'm based in Hokkaido, Japan and work hands-on with hospitality-oriented real estate,including small lodging properties and mixed-use assets in regional destinations.My experience includes on-the-ground operations, local regulations,and managing properties outside major metro areas like Tokyo.I joined BiggerPockets to learn from the community and connect with investorsinterested in international or Japan-focused opportunities.Happy to connect with anyone interested in regional or hospitality-focused investing.Would love to hear how others approach hospitality or short-term rentals in non-metro or international markets.

(vehicles, tax returns, company level expense stuff).

Those are not surprises, they’re inevitable.Because of that, we line up access to capital in advance, even if we don’t draw on it immediately.That usually looks like:A dedicated capital reserve account per property or per portfolio bucketPre-approved lines of credit or lending relationships already in placeClear internal thresholds for when cash vs leverage is usedYou don’t want to be negotiating financing while a roof is actively failing.2.

For a clear overpayment resulting from internal control failures, this is not considered an acceptable or complete remedy.A clean, professional resolution should be one of the following two options:-Immediate cash reimbursement of the overpaid amount from your company, with your team continuing separate recovery efforts with the vendor; or-A written agreement confirming that the overpaid amount will be offset against monthly management fees, starting immediately, until the full balance is recovered.

I'm doing it this time because it relates to Spain and international real estate in countries like Spain is my area of expertise.

We use AffordableHousing.com selectively, and I’d frame it less as a replacement for Zillow/Redfin and more as a compliance and targeting tool.What it does well• It is one of the first places Section 8 and voucher holders are trained to check• Many PHAs directly reference or scrape from it• It reduces back-and-forth with housing authorities when listings are already visible thereIf you manage or market voucher-friendly inventory, it helps keep your pipeline full with applicants who are already program-aware.Where it falls short• Lead quality is very different than Zillow type traffic• Expect higher volume, lower readiness, and more incomplete applications• The manual entry and lack of clean PM software integrations is the biggest pain point• For conventional rentals, ROI is usually weakHow we’ve made it workable• Only post units that accept vouchers• Use templates and bulk workflows internally so staff isn’t recreating listings from scratch• Treat it as a filtering mechanism, not a conversion engine• Push serious applicants back into your PM software immediatelyBottom lineIf 60 percent of your leads are already coming from Zillow/Redfin and converting cleanly, I wouldn’t expect AffordableHousing.com to outperform that.But if you manage a meaningful amount of affordable or voucher inventory in a diverse market like Tucson, it can be worth it only if you systemize the data entry and set expectations internally around lead quality.Used intentionally, it fills a specific lane.

I am not a broker I am a capital partner its internal money and I am the underwriter LOL

They left tons of stuff (damaged / broken) for me to clean with tags on this stuff labeled "stays here" (broken computers, mattresses, box springs, an old broken dryer, etc) - indicating intentional.If I had an actual security deposit - I at least would have been able to cover some of the damages / unpaid rent. 

Not trying to be rude but this is akin to saying you went to the store and bought stuff.

Stability is a plus, but make sure you're comfortable managing any internal family dynamics that could impact your property or complicate rent collection.2.