Quote from @Colleen F.: @Drew Sygit  What vacancy do you figure on 10-15 % (36-54 days) for all rentals because that is the minimum I see it taking from showing to getting someone in the door if you use this approach and advertise only when vacant.

Is it demo -ing/following up with contractors/managing tight timelines...consider what skills, and resouces you have, and your risk tolerance. 

Quote from @Mario Morales: Quote from @Colleen F.: @Mario Morales  one running toilet up to 200 gallons a day. curious what else you find. 

--------------------------------------------------As a former military man myself, and knowing the demands of investing out-of-state in general (check Bigger Pockets in general for the perils of investing non-local), I will give you some advice in military parlance so that you will absolutely understand when it comes to non-local investing:"Not 'NO,' but "F*** NO!!!!!!'"

Quote from @Zach F.: I know this thread is older, but for anyone still researching “Cincinnati Property Manager” and landing here, the need for a high quality PM partner with high integrity, is still here!

HI @Jill F., thanks for the information.

9) adding multiple ADUs or adding an ADU to a quad looses F/F conventional financing.

@Hunter MorrisI am from Texas,and i have been approched by STR operating compaies like this for my rental .Out of curiousity ,i had a conference call with the company and started the process.When i reviewed the contract they send me i knew i was going to get F..ked left and right.Everything in their contract was in favour of the operator and against me .I asked them to use the contract that my attorney will draft and never heard from then again.All comments made in the chat has excellent points.Think about a law suit coming and it will be against the owner of the ppty 99.9% of time and not against the operator .Also7 like some one mentioned i can bet you the operator will be having only 500$ or less in their operting account.

Quote from @Becca F.: Quote from @James Hamling: @Becca F. 9% is the "magic PAR" ROI number to use when viewing and considering stock market investments. 

No no no, Engelo is an Aussie, he knows better, The Med is where ya go when have "F-U money" lol.