Thank you for the financial breakdown!

CoghillWe’ve used AppFolio for many years to manage a large portfolio, and while onboarding can be thorough, it’s primarily to ensure compliance with financial and legal standards.

. - AOA Debt Reporting Service: letter sent w 120 days to pay (with credit bureau reporting) after which it rolls over contingency plan with collection agency getting 38%.I know I would not want the task for what they charge.  

A couple of things I like to tell my newbies-Owning a short-term rental property can offer significant financial benefits.

This could also hurt my debt ratios if I go to borrow on another investment somewhere like my plans for the STR.  

You're not helping them either...you're allowing them to run a tab that is putting them financial ruin. 

What financial targets do you have?  

The requirement to do this generally involves an experienced GC signing on the borrowing entity as a 20+% owner thus making them a signatory on the loan and responsible for the debt which in most cases is not very easy to find.

I am assuming by your post that you are financially invested and own the property. 

Quote from @Collin Hays: From a macro standpoint, cash flow is difficult when servicing debt, at least in the early years.