This is such a common (and very real) challenge with mid-term rentals, and honestly, there’s no one-size-fits-all answer.What I usually do is build flexibility into the agreement from day one.

Ok, yes, people should have more common sense but is that truly their fault, or fault of those who were tasked with educating them? 

What are some common execution mistakes? 

that not mentioning in the contract/anywhere else, at all, that they charge something for coordinating vendors - while, in fact, take ANY undisclosed compensation (and, incidentally, do not provide invoices as a matter of policy) - is compliant with TREC.It gets better: I recently had a local RE attorney, who allegedly deals with many major local PMs, claim to me that, even if there is no prior disclosure by the PM that the PM charges anything for dealing with vendors, as long as the PM tells the principal the total cost, and the principal agrees to it - before the vendor does the job - this is compliant with “annotated” (the lawyer’s stipulation) 62-12-312(b)(17).If you missed it: A local TN- and MS-licensed RE lawyer claims that no disclosure of the PM taking any cut is necessary - as long as the principal is told the job’s total ahead of time, and agrees.I have no idea where this lawyer happened to find any annotation like that for 62-12-312 - I did not, at least not in Westlaw at my law library.And this “industry standard” (attorney’s words) appears to be in serious conflict with the actual law, as far as my non-lawyer reading of it goes:“(b) The commission shall have the power to refuse a license for cause or to suspend or revoke a license where it has been obtained by false representation or by fraudulent act or conduct, or where a licensee, in performing or attempting to perform any of the acts mentioned herein, is found guilty of:(17) Paying or accepting, giving or charging any undisclosed commission, rebate, compensation or profit or expenditures for a principal or in violation of this chapter;…”Literally right there: “… accepting or charging any UNDISCLOSED commission, rebate, compensation or profit or expenditures for a principal.”But it may not end there:If you add to the above circumstances that the principal began to suspect this (undisclosed) practice and asked the PM whether it engages in up-charging/marking up vendor invoices - and the PM denied it - and they continued to do business as before after that denial… until the principal obtained evidence, which only then forced the PM to admit the practice, somewhere in there a “mere” TREC violation seemingly becomes: “An intentional deception or misrepresentation made by a person with the knowledge that the deception could result in some unauthorized benefit to himself or some other person…” Commonly known as fraud, a crime.But I am not a lawyer.

Here are a few easy, Georgia-specific options most landlords use:Georgia Association of REALTORS (GAR) lease – Probably the most common and solid option.

Good question because I think this is a really common point of confusion with house hacks.The best way to analyze it is to underwrite the entire property as a rental, not split the purchase price or fixed costs in half.

It is common practice for mortgage companies to later sell the already funded loan to a 3rd party like a hedge fund or a bank after the fact.

I think you just described why common sense isn't so common

Managing tenant relationships is significantly more hands-on due to shared common areas like kitchens, living rooms, and bathrooms, which leads to more frequent conflicts, higher communication volume, and stricter enforcement needs around house rules and cleanliness.

BP could have done better because it fails the test of common sense.