Points to consider ....

1. Is easy to jump in but to get out, read the termination clause.

2. The revenue is dependent on the monthly statement received ... how would one know whether the unit is 30 days or 20 days occupied in a month.

3. Whose responsibility for replacement of missing / damaged items / property. Should be the management co since they are the one screening the guests .... but would they agree....their priority is to have more bookings to make more money to cover cost . ..so any guest will do even with poor reviews.

4. 40% is inclusive or exclusive of maintainance, internet, cable tv, electricity and water charges. Should be exclusive ... one will be getting less than 60%

5. Booking.com charges 15% commission for every booking...for every booking, they pay to landlord less than 60%. Airbnb charges 5%. So it depends on where the booking comes from....will the co let the landlord knows.

6. Finally ... is all about money ... how reliable is their monthly payment to the owner. Like all GRR scheme .... always prompt at the beginning only!

This post has been edited by mini orchard: Oct 15 2017, 12:07 AM

The word 'landlord' you mentioned, is it ...

1. Are you the property owner, or

2. Are you the 'furnishing' owner

4 units ! Bought cash ?

I managed my own unit (not in Tamarind). Never have any confident on those GRR. They take care of themselves first while you pay cost.