Co-hosting allows you to retain more say over how your rental is run, while property management shifts most decisions to the PM.

From what I've seen, you're indeed at risk of veil piercing if you do not observe some basic principles with the LLC (e.g. need to file annual report and pay fees, not mix up personal vs. business funds, etc.).

I’m glad to be here, and I’m looking forward to learning from others while sharing what I’m seeing locally.Here are a few observations from my side:In Phoenix, the model works best where floor plans allow for simple bedroom conversions, tenant demand is strong, and zoning is not a big obstacleRents in this space have stayed solid even while the luxury rental market has softenedNationally, PadSplit recently crossed 25,000 units in 25 cities and secured $40M in Series B funding, which shows how much demand exists for workforce housingFor those of you in other markets, are you noticing similar trends with shared housing or workforce housing?

@Justin Cobb looks pretty nice, but observations:1) Kitchen countertop color doesn't go with the rest of the kitchen or the house at all.  2) Why is there a wardrobe next to one of the fireplaces?

The courts have consistently held that the landlord’s duty is to mail, not to guarantee delivery.When the certified letter is returned unclaimed, you should retain the original sealed envelope (with postmark and USPS return markings) as proof of timely compliance.

Properties with garages or yards may rent faster and retain tenants longerAlways look at the local inventory—are you competing with lots of small apartments, or are rentals with space and amenities more unique?

I've retained them to represent insureds for various title underwriters I've worked for.  

CAGR MLP is compound annual growth rate of the median listing price (appreciation)... 4BedCashFlowMonthlyLatest is using the realtor.com median listing price and the Housing and Urban Development "Fair Market Rent" (40-50% of observed rents) for a 4 bedroom living unit.

I ran a cost seg on a small beach condo last year and was surprised how much of the purchase price got allocated to personal property and improvements, way more than I’ve seen on single-family homes.That said, single-family properties can still shine when there’s a lot of site work (pools, retaining walls, exterior lighting, etc.), especially in higher-end markets.

You can’t renew and let the tenant occupy the space longer than a year and retain the same flexibility in putting up rent.