That way, you’ll have control over the operation and might be able to squeeze in a few extra bookings to pad your numbers.

On the Development risk side, I told her I would never put us into less than a breakeven deal potential.Development there are far too many moving parts even though our process control is broken down into bite sizes.  

I talk with a lot of investors who are stuck when the HOA fee goes up and they no longer cashflow.With SFR you are in control and have many other exits.  

Typically, Wholesalers get a property under contract and then remarket the property while it's under control to investors looking to make their spread and then assign the contract and get out of the way.   

So, that is within your control.

Here's a map comparing income tax rates by state.Rent control: Never invest in any city that imposes significant limits on your ability to manage your own properties.

This is unfortunately the downside with hiring full-service property managers; you lose complete control of your unit and finances.

However, higher-than-expected costs, contractor expenses, pest control, inflation, or unexpected work can make it untenable to maintain the rental property.What can you do if maintenance is becoming a financial burden?

Later, I received an email from VRBO stating that they could not lift the restrictions if we could not prove a disaster and that the cabins had actually flooded.These folks are out of control.

By and large, MTR residents are coming to work (or for relocation due to flood, fire or wind), and they approach finding housing with their analytical brain, not the emotional one.It's also not uncommon that the person tasked with finding accomodations for the MTR resident isn't going to be staying there at all.