From a design perspective, when sold furnished, the new owners will save approximately $30,000 and over 220 hours.

I was denied a couple months ago by Allstate for fire risk for the first time ever. 5 miles from a major casino in the middle of a large community in the red rock area of Las Vegas. 

In our experience, the #1 mistake owners make is ASSUMING all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY.

That's going to be your best source of capital before seeking owner financing or private money. 

Typically I see a statement included to the effect (paraphrasing here): "any owner can provide 30 day notice of proposed repair/maintenance/improvement and then any other owner can respond.

Can anyone recommend a good script for cold calling land owners or at the very least, a general script to call property owners?

@Jay KeWe’re a Property Management Company (PMC) in Metro Detroit ONLY, with 25+ years of experience, and we’ve seen owners make the same mistakes, over & over again when looking to hire a PMC – which drives us nuts!.

There are times due to the area I am in that the owner would be better off doing a month-to-month lease and then when that property is ready to be sold it is better for the owner/buyer. 

For now, I’ve opted for a SFH in an established majority owner occupied neighborhood, Thanks for the insight

I definitely want to stay clear of anything that could trigger fines or compliance issues, so your point about STR activity in communities with rental caps makes a lot of sense.If the documents don’t spell out any restrictions around owner-occupied MTR/LTR setups, I’ll look into the roommate or owner-occupied lease option you mentioned.