Here’s a rule-of-thumb that never goes out of style, @Ellisa Riddick:           Profit = Sales Price – All ExpensesThis does not change as the market shifts.

I'm sure other investors will have different rules for investing successfully in a turnkey property or portfolio.  

I put together an updated 2025 Oregon Coast Vacation Rental STR (AirBNB) Permit & License Rules & Regulation Overview that I share clients and colleagues with zoning questions about: where, when and how they can operate nightly vacation rentals from Brookings to Astoria - hopefully it helps investors avoid unrealistic permit or licensing expectations.

Quote from @Ace Adefemiwa: I build voice AI for healthcare, but a broker friend convinced me her missed-calls problem was identical to what medical practices face.So my company built a voice AI agent that handles after-hours property inquiries, books showings, and only texts her the serious buyers.

If you had a written lease that limited number and identity of allowed occupants, you might have some rights, but you do not have that.

🫡BP Fam,I've seen some apartments (w/identical characteristics) get priced differently because of the level (2nd floor, 3rd floor etc.), is this a traditional practice or is that the move of a price gouger?

When we suspect that a user is circumventing Airbnb’s enforcement on another account, we try to provide on the reason for the suspension, including information about the identity of the account they are connected to.

Condos have some significant negatives most notably the condo fees but also the large number of identical units that can be vying for rent or sale at the same time you are trying to peddle your wares.

Standard Tenant Screening: Verification of Identity:This involves requesting a copy of the applicant's passport and visa (if applicable) to confirm their identity and legal status.

That is a hard rule and if the patter holds true and the tenants do cause problems later, you will be in trouble for requiring more, which can hamper your ability to recover and even affect the timing of an eviction.Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice.