When investing in real estate, having multiple exit strategies is key.For a single investment property, make sure the numbers work for both scenarios: 1️) If you decide to sell the home, the deal should produce a solid return. 2️) If you need to rent it out, the rental income should cover expenses and provide a profit.Flexibility is what saves you when things don’t turn out as planned.

Our newspaper noted they had invested over $1b in the area, but I think that covered 2 mega sites.

That would be a debt service cover ratio of 1.5.

However, I'm hesitant because the rent wouldn't cover the new mortgage, putting me net negative monthly.

That's called a straw man argument.My only question is if property taxes are going to go up for the people of Pacific Palisades to cover the damage the People caused to the city.

Hello everyone, I purchased my home two years ago, and currently, I have a tenant renting a room for $800, which helps cover my mortgage.

Use a reputable expert like @Dave Foster and you’ll be covered.

With that said, here are some questions I would ask myself about the situation: Historically, have the students paid enough in the 9 months to cover all the expenses associated with these properties?

One thing I'm trying to do is to test different cover photos to see which ones draw a greater % of click-thrus (which seems like a reasonable thing to test).I'd like to be able to view the Airbnb stats to see, for each cover photo I test, things like what % of people click through on it.

You may want to look at concessions to help cover costs or buy down your rate to a comfortable payment.