The cost of purchasing the property should take consideration that risk.

The NAR settlement has shifted the process considerably - there's now much more of a deliberate discussion between agents on how this is going to work, and the buyer has to be informed that they could be liable to pay, and everything has to be properly disclosed (all positive changes), but in reality in Los Angeles, nothing i has really changed in my experience.

Also, the pet fee of a $150 a stay brings a considerable amount each year, especially on a ton of one and two night bookings. 

Partnerships are a key driver of success in multifamily, and I’ve seen meaningful, lasting partnerships come out of this group that extend well beyond the program itself.If you’re looking for a place where you can learn, be held accountable, and build relationships that actually move the needle, Multifamily Wealth Nation is worth strong consideration.

In particular, I am interested in understanding the key steps, questions, and considerations you prioritize when initially meeting with a prospective owner to discuss their property and evaluate the potential management relationship.Thank you in advance for any guidance you can provide.

There are special considerations when house hacking.

For example, my colleague bought a great duplex in Ohio with an existing tenant....and they turned out to be completely unsuitable, doing considerable property damage before finally being evicted.

The "hot" markets such as Charlotte, Nashville, Austin, etc...have cooled off considerably. 

It is just my equity pool will now be considerably smaller. 

My caretakers told me the other day all of their other properties had the same experiences last year, and the ones that did book a little better were mostly short-stay guests and there was considerably more wear/tear/cleaning work on those properties.