A functioning STR isn't worth any more than any other condo like it in the complex.

Connected intercom: I use a connected intercom system that needs internet in order to function properly, so I provide that through my landlord internet connection.

It means the property is safe, functional, durable, and able to pass inspection without delays.Here’s what rent-ready actually means in practice:1.

.- Is the layout functional?

Buy a functional but very dated "estate" type property do a mostly cosmetic rehab and resell. 

Historically, these inspections were handled by third-party vendors, but we’re exploring bringing this function in-house so we can better control quality, documentation, scheduling, and overall liability exposure.

My clients and I require rental income that functions like a reliable paycheck for 25 to 35 years, and Fargo does not provide that level of long-term income durability.If anyone would like a list of city characteristics that are likely to enable lifelong financial independence, let me know.

STRs are more regulated, LTRs are predictable but slow, and MTRs hit the sweet spot:-Steady cash flow without daily turnover-Professional tenants (corporates, nurses, relocations)-Flexibility for scalingThat said, it only works if you:-Know your tenant type-Furnish for function, not style-Price monthly, not nightlyFor those running MTRs: are you seeing the same benefits?

I'll second notion or another living wiki-type platform if it's just notes you're after, or if you're looking for something more task-oriented, Asana features project pages and other functions that track data and next steps.

It’s much cheaper to keep a tenant happy with a quiet, functional unit than it is to pay for a turnover because you prioritized fancy tile over solid HVAC.