We don't make you sign waivers and try to silence our critics. 

All jokes aside, a good rule of thumb is that investor type hours do not count more so hours that are critical to daily operations.  

Probably the most critical piece missing is the fact that STRs can provide a tax benefit for one year only, their first year.

Their source of income is critical as they have no backstop (sick days, health insurance, etc).

I appreciate constructive criticism so let it rip and enjoy!

Just as in sports, the path to financial independence through investment requires experience and visibility.In the world of investing, especially with OPM, experience plays a critical role.

This step is critical as it allows you to pull out much of the original capital invested, which you can then use to repeat the process.Repeat: Use the funds from refinancing to invest in additional properties, repeating the BRRRR process.This method could potentially allow you to expand your real estate portfolio more aggressively than simply selling your current property and buying a couple more.

We have had great success, but location becomes critical and who you will choose to manage the rental is also a big factor on how successful the venture will be. 

The experiene of the sponsor is going to be extremely critical in understanding some of the deals.

Your approach to calculating the maximum construction size within a specified budget is enlightening.Based on your figures, I've noted the project budget as follows: Land Acquisition: $8,000 Utilities and Tap Fees: $7,000 Engineering, Building Permits, and Architect Fees: $5,000 Construction Cost: $180,000 (at $160 per square foot for up to 1,125 square feet) Total Project Cost: $200,000This budget underscores the critical importance of efficient cost management, especially in balancing project size and quality within the financial limits.Considering my project will be situated in New England, where costs tend to be higher, I've adjusted the budget to reflect a 40% increase in utilities, tap fees, engineering, building permits, and architect fees relative to the costs you've outlined for Ohio.