Partnering with Stayly/Coach Inayah for a rental arbitrage property in the Midwest has been the worst investment I have ever made. To date, I have lost approximately $50,000 due to a business structure that places all the control in their hands and all the financial risk on mine.Because the lease is held directly between Stayly and the landlord, they maintain all decision-making power and primary communication. However, I am forced to foot every expense resulting from their poor management. This misalignment of interests is glaring: when the landlord fails to meet their contractual obligations, Stayly appears indifferent to advocating on my behalf since they are not the ones losing capital.The operational results have been disastrous:1.Market Performance: Airbnb has issued official warnings stating the listing is in the bottom 10% of the market.2.Account Status: The listing has been suspended twice and faces permanent removal due to management failures.3. Operational Neglect: The unit has been non-operational for weeks due to maintenance issues, yet I am still required to pay full rent for a property that cannot generate income. Despite being fully aware of this $50,000 drain, the Stayly/Coach Inayah team has refused to collaborate on an exit strategy. Instead, they are using the contract to threaten me with early termination fees. They are effectively holding me captive in a failing investment. I strongly advise others to avoid this program.
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Short term rental management and education.