I later unloaded all those properties for a huge loss, and now I only invest passively.  

I am trying to exit out of the Birmingham market and have a rental property I am trying to unload in the NE Centerpoint area. 

We are thinking it would be less electrical usage since there would be no need to keep a tank hot 365 days a year for sporadic and small hot water usage (some tenants are only at the units to load up in the morning and unload in the evening). 

It was tough to saying out loud that I bought a bad deal, knowing that I would lose money, and deciding to unload it at whatever the market decided it was worth. 

Wander has been pretty persistent about trying to get me to list my FL oceanfront beach villa on their platform with their newer Wander Listed program. The fees are 8% and this would just be an added channel to comple...

.▪ Brief risk/mitigation bulletsDoesn’t need to be heavy, just shows we’ve already thought through the downside.Those couple of additions have made conversations with lenders much more efficient on our end, especially when moving from preliminary interest to real underwriting.Appreciate you sharing this, would definitely like to take a look at your full checklist PDF as well.

They are way too guest centric and often leave owners hanging.VRBO and AirBNB should be all you use in addition to looking at direct booking as well.You can rent an ozone machine which should take care of the smoke smell.

The layout allows for an easy addition over the garage, potentially adding 2 unitsThese units could generate approximately $36,000/year at $1,500/month rent per unitFinancial Overview & Valuation: At current income and stabilized rents, the property offers a 6.5% cap rate on a $700,000 valuationRenovations and addition of two units would cost approximately $350,000Post-renovation, the ARV (After Repair Value) is projected at $1.4 million, with the potential to double the annual revenueRun Your NumbersWith the current market pricing in the mid-$600,000s and being on the market for only 30 days, 5000 Florence Ave represents an exceptional value and scaleable opportunity.

Did you have anyhting in your rules that additional guests would be charged a certain ammount?

As a PM company, we started holding the last month's rent in reserve, in addition to the $500 everyday reserve, when the tenant turns in a move out notice.