Make sure to run detailed cash flow projections to see if the numbers still work after these expenses.Also, check local short-term rental regulations—they can vary city to city and impact profitability.Since you’re new to the market, connecting with a local property manager or agent familiar with vacation rentals can save a lot of trial and error.

Only to hear that they have been told some variation of this.

Newer platforms have their own strengths which may include more modern user interfaces and pricing models that reduce your costs or defer the software costs to the tenants.How to decide: Take a couple hours to try free trials (where offered), set up a property, move in a tenant, receive a rent payment, and post an application.

Hey Chris, I am purely trial and error.

Then magically you'll get "declined" and never hear from them again.Another variation of this is washing hot checks.

Can see how there would be enough variation to go case by case and not attempt to bucket everything.

Hey Maksym, dealing with contractors requires plenty of experience and trial and error.

They often come leased and cash-flowing, and some even offer incentives like cash back at closing or builder contributions toward rate buydowns if you’re considering new builds.Also, connecting with property source providers, property managers, or other out-of-state investors can save a lot of trial and error.

Smaller parcels initially caught my attention due to lower barrier to entry and seemingly less risk for initial trial run.  

FYI Here is what Pacer is noting - which shows this is still on for trial next year.