Its a site for direct booking so you make the rules and requirements, you take payment by however you want - cash, check, Venmo, Zelle, or regular credit cards if you are set up with Stripe, Square or one of the other processors. 

When the property is sold, the depreciation recapture rules will apply, reducing your tax basis and potentially increasing your taxable gain.This sounds like it is straight out of chat gpt and does not answer my question. 🤣  Completely agree

Enforcement of rules/laws/policies is key.

Hi Chris, I know some fantastic short term rental managers in Florida.

Believe the courts will rule this punitive initiative is against the law but still vote for it.  

Properties should be within 20% (plus/minus) of the 1% rule.

The key is having parent co-signers, clear house rules, and reliable maintenance contacts since turnover and wear could be higher.

If you’re open to looking outside Portland, Memphis is one of the strongest markets for affordable buy-and-hold investing, since you can still find properties that hit the 1% rule, cash flow from day one, and stay well under the price point you’d see on the West Coast.

Wondering if you have any general rules you abide by for estimating rehab costs without actually going to the property.  

I am actually thinking about real estate school in the Spring just so I can further my knowledge with laws, rules etc.