fyi - financing an AFH is not as  easy as financing a " regular " investment  property  .....commerical or   special  ADH  loan program  will be needed and   terms will be  higher  

If given a choice between one paid-in-full property and two identical properties with 50% leverage, the latter will always out perform in the long run.  

So ultimately we determined that the brrr model was not as successful for us as it turned into another full time job (probably more hours than our regular job). 

The above varies based on the lender as large investment property lenders decide on their own guidelines that are often similar but not identical. 

Would love to know how are you able to get interest rates so low - in the high 3.xx% when 10yr US Treasuries are > 4% and regular property investment interest rates are > 6%.

Only issue I see (I am huge into data for my day job so I run numbers on cities on a regular basis) is that there has been population decrease in last 5 years.

It's also about your ability to access the Sponsor's financial and managerial documents on the go so you can control and check what is happening regularly.

I doubt you will have any issue renting it above what a regular multi-family would rent for.  

In that case, a premium can help discourage back-to-back bookings or at least bring in more revenue that could help with operational costs....While a premiumcan be put in place so that adjacent days are less attractive to guests, there's no guarantee that guests won't book these days, and your regular listing maximum price will still be in effect (though that can be adjusted with Date Specific Overrides).

I would use a service such as vacationrentaldesk.com for this.A direct booking is no more risky than a booking through VRBO or Airbnb; they aren’t verifying identity, either.In fact, my own company has taken thousands of reservations over 19 years, and we don’t verify identity.