STR-are you earning enough to cover mortgage and expenses?

[Casey Dye]

Hello, I am new to Bigger Pockets and am already learning so much.  I would love to hear the experiences of anyone who has purchased a property with 20% down and then used it as a short term rental investment property.  Were you able to clear the cost of your mortgage and expenses (utilities, management fees, landscaping, etc)?  Or were you in the negative every month?  

We’ve been looking at the Scottsdale market in particular, but I am wary of the data I’m seeing on AirDNA in terms of potential rental income.  This would be our first investment property and I’m trying to have eyes wide open going into it.

I appreciate any insight, experiences or advice.  Thank you!