Cape Coral is no different.

The "Rules and Policies" helps differentiate those minor livability items from the preventative calls you actually want to encourage.A clear, written policy upfront manages expectations for both parties and is the best way I've found to deal with a "needy" tenant without sacrificing responsiveness for the good ones.As a quick disclaimer, I'm not an attorney, so please check with a legal professional to ensure any policies are compliant with your State landlord-tenant law.

So our equity in the note has increased from $650,000 to $700,000.and we collected $156,000 in cash differential during the last two years

At $600K, the numbers only really work if you can differentiate with design, amenities, or targeting longer stays.

After however , lender kept requesting additional documentation, or wanting to change formats that banks or whoever would provide, combated statements on how they print them etc m, very annoying but I went out of my way to appease and just get deal done, they assured they would close , but now I’ve heard this over and over they would say oh it will be Monday , then two more days , etc, then come back with needing something different.

The average was 7 years - heck I could sell these puppies property for $20k less than I paid and make $140k in interest differential and still have a $120k profit over 7 years.  

So, owners mistakenly think price is the only differentiator – and look for a PMC like they’d shop for groceries☹We encourage you to learn from the mistakes of others by reading posts here on BiggerPockets from owners that picked a PMC solely by price and regretted it.We recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Even if someone gives you a referral, do NOT make the mistake of assuming that just because a PMC met their expectations, they’ll meet your expectations.

That’ll keep you safe if the market softens.Think differentiation.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

Also many markets are quite saturated with managers/co-hosts, how are you going to compete and differentiate yourself?