Hi allHave been using Stessa for a while to manage my properties, but am considering switching to RentRedi since it's included with BP Premium.Does anyone have experience with both for a small number of properties?

I’d make sure your $17 already includes:Property taxesInsuranceFHA mortgage insurance (PMI)Any utilities or services you’re covering (water, trash, lawn, etc.)Maintenance and capital expensesSome allowance for vacancyIf any of that isn’t included, the property is probably slightly negative once you move out and it becomes a full rental, so you want to be comfortable with that tradeoff in exchange for loan paydown and long-term upside.Just to confirm, you’re looking at:Purchase price: $310,000Down payment: 4% FHARents: $1,400 per sideProjected net: $17/month once both are rentedAre those the numbers you’re using, and do you have estimates yet for taxes, insurance, and PMI?

You can find deals that cashflow like that in ANY market, including today's market. 

It covers expenses like supplies and small things and then it gets reimbursed back from the net payout to the owners so each month there’s a net payout summary with a check for the owner, which includes all the bookings in minus the fees, taxes, and Amazon Along with the commission I am currently just using Excel to do bookkeeping, knowing the entire time that once it grows, we’re gonna have to grow with it in terms of technology.

I have a pic of my logo that includes our www underneath and am going to have them printed on pillows and photo that pillow on every couch that goes on our listing photos Good thinking!

@Gary Tucci,A cost segregation study can definitely be worth the investment, especially with 100% bonus depreciation.Since your short-term rental (STR) is likely non-passive due to your material participation, the bonus depreciation can offset other income, including W-2 income.

Final bid was $5,500, and I figure the total taxes owed are around $5,000 including court fees and interest.I'm kicking myself because, in hindsight, I see I didn't completely understand the process.

What do you mean by the additional $18/sq design fee was not included? 

The home received a full interior and exterior update, including new flooring, kitchen improvements, bathroom upgrades, paint, and necessary repairs.

Groups that move quickly on large land plays usually include experienced land developers, family offices, private equity real estate shops, or institutional-leaning partners who already have dry powder and a track record with entitlement risk.