**Supply and Demand Dynamics:**When I invested in my first STR, Tulum boasted around 2000 properties in 2017, ensuring high occupancy rates and lucrative rental returns on Airbnb.

The mortgage is assumable upon their demise (and at a rate lower than those currently being offered). 

So, even if the tenant only stays 24 months at that rental rate you are $2400 ahead.

Decide on the type of rental (long-term, short-term, etc.) and the rental rates for each room.5.

There were a lot of steps missed from the very start like defining what exactly the client wants to achieve, are they preapproved and did you collect proof of funds to close, how will any acquisition be titled and why it matters now; how valuation is determined, current market conditions - appreciation, rent price, eviction rates, more; what makes a property ineligible for your client's search - what if it doesn't qualify for insurance, what if the repair cost will exceed a certain dollar amount, more. 

The rating was based on the Executive Supervisor payroll and the cost of the Subcontracted work. 

Cash flow has been more difficult to accomplish with the higher prices and rates, but it is still achievable.

We don't necessarily need to cash flow, we're just looking to leverage the 2.5% rate and hopefully benefit from appreciation and having someone else finish off this mortgage.

Based on these rough numbers and assuming that a market rental appraisal would back up your stated income, you're looking at a DTI of ~44% at today's generic rates.

You can check HomeWyse.com to see what the going rates are for maintenance items in your area.