I’m curious to hear from other hosts, what’s the most you’ve spent to add a specific theme or experience to your short-term rental?

Hey Joey, I would but I don't buy in CP anymore for rentals.

.- Partially furnished (everything except living room and primary bedroom)- Comes with property managementTo put it bluntly, the rent being charged is higher than your average consumer can afford... $6,500/month to be exact.When I think of who might be able to afford a rental like this.

There's actually a lot of chatter in the PM industry about what to do when an owner hires another broker to sell an occupied rental property.

700/month/rental. 10 rental properties What will your average purchase transaction look like for a rental generating $700 of monthly profit?

@Kevin Carpenter Specifically to address your question about how tenant’s insurance benefits the landlord:Imagine you own an SFR that is tenanted and insured by you as a rental property.

Some investors I know are also exploring turnkey rentals in more affordable markets to offset the higher financing costs.

my recommendation would be get a bridge to dscr, and certain lenders will work with you to not charge points on each transaction if you go through them for both transactions.

You cannot add charges for things that are currently included in the rent.  

My first rental started the same way with lots of research, lots of questions, and eventually just taking the leap.Florida could make sense if you want to stay close to the asset, but plenty of first timers also look toward the midwest because of the lower price points and steadier cash flow.