Security deposit, detailed move-in and move-out inspection checklist with photos plus videos, and clear lease terms on early termination (we usually require a 30 Notice to vacate and one month’s rent as an early termination fee).For wear and tear, I set realistic expectations and build in an annual refresh budget—especially for linens and light furniture touch-ups.

Appreciate your transparency — it’s refreshing.

A) The $40K cash on hand was not including my emergency fund and merely represented what I wanted to stick to as a low ~10% DP or to be used for a small refresh/reno. 

Kind of refreshing.

Like you, I’m hungry for more hands-on experience and looking for opportunities to get involved in flips, rentals, or acquisitions alongside someone with more experience.Just wanted to say I appreciate your mindset and drive—it’s refreshing to see.

Almost every time I login to Stessa, my checking / savings accounts at ESL have been disconnected and I need to log back in to refresh and pull in recent transactions.

Most of our clients are not chasing high ROI in a purely mathematical sense; they’re looking for a safe, beautiful place to live, retire, or vacation and have their investment make sense long-term.Thanks again for your insight - it is always refreshing to exchange views with experienced investors like you!

Was it worth it to open your home for others to rest and refresh....and did you feel safe?

If your current countertops are in good shape, a simple refresh might be the more budget-friendly option. 

I’ve only had one other property that was left pretty filthy and the deposit did not cover the cost to refresh the unit.