You've probably heard of big Landlords losing property, but only because they were flagrantly violating Fair Housing, running a slum, or otherwise violating the law in an egregious manner.

This coupled with the the fact that individual Airbnb Owners seem to have become jaded over the long term of owning properties, which has led to higher cleaning fees, hidden fees or exorbitant fees being threatened or charged to renters in an unprofessional manner I believe is going to cause a shift back to the hotel industry over time if they are not able to change course relatively quickly. 

My WHY is because I want to secure my retirement with predictable and sustainable income to allow me to live a HIGH STANDARD of Living while being financially independent.  

Be firm and fair in your tenant interactions, screen well, have a clear and comprehensive rental agreement, take swift action if a tenant does not comply with the terms of the rental agreement, know landlord-tenant law better than your tenants, take reasonable precautions, have sufficient insurance, have a good professional team which includes an attorney, maintain good business practices, respond to tenant needs in a timely manner, be respectful and courteous, be a community player, and landlord with integrity. 

I did have enough cash to sustain for a few months, but I got greedy. 

The reason being is that the property has to pass a Self Sustainability test meaning all rents must be able to cover the mortgage.

Hello All,Do you have any way tracking checkouts in real-time in a smart way, alerting the cleaning team directly in a timely and efficient manner?

@Jonathan Klemm shoot me a PM for the emails.2-4s you can still find opportunities to raise rents and cashflow but the 5+ seem much more savvy with set pricing at mainly cap rates below the interest rate right now which is not sustainable in a market like chicago maybe in Miami or hyper growth areas but not here, also agree these ARMS may push some owners to sell when the reset comes. 

I'm still unconvinced, however, since I'd be roughly paying $1,000 for a 2% interest in each property, and I'm not sure that these 1,000-ft rehabbed houses in supposedly "gentrifying" parts of Indy will sustain a $50,000 current valuation and then some, at a clip of 3% per annum, as I'm told by the principles ;)Thoughts or advice, anyone?

.- Posting only on VRBO for at least the 1st year as a test of demand on that platform and to see how the numbers sustain.