recovering this negative position can consume years of the actual cash flow when using realistic expense estimates.  

@Delroy WatsonI recommend connecting with @Jonathan Klemm to get an estimate.

The 6% vacancy rate is a good estimate, but local market fluctuations could affect rent.The HML terms (11.95% with 3 points) are high, so ensure a clear timeline for refinancing to minimize interest costs.

Then track the date a maintenance issue was reported, description of the problem, who it was assigned to, when it's estimated to be completed, when it was completed, date/amount paid, etc.It doesn't have to be fancy.

I would also have a general contractor take a look at the damage and get an estimate from them.

Your agent should be able to help with your deal analysis, consulting on whether a deal is good/bad, learning neighborhoods, estimating renovations, building your team, etc.

When you Google Airbnb Interior Designer, I come up as the #1 result, so I don’t need to self-promote in forums.For context, I was a business analyst at NASA before transitioning to hosting and then designing full-time.

Do you typically take your insurance estimate, then multiply it by 3, and use that as an expense?

I estimate I lost probably 15k in the deal and taxes this year will tell for sure.

It could be anything... a mistake in estimating, a cost overrun, or something like the place burns down and the insurance wasn't properly taken out, or theft (of the money outright) or theft of materials along the way.