So a typical (around here) 1 year lease's fees would generate {.5X + 11(.1x) = 1.6X}  Divide that by 12 and you get an average of 13.33% of X per month as the LTR property management fee.An typical STR fee would be 25%, but there should be more vacancy.

But you'd be surprised at some of these average smaller towns can do STRs very successfully. 

Professional videos are by orders of magnitude more expensive and it is very hard to make an average (not high end) home look great on video. 

i can't / don't want to do 25% down payments anymore.i'm also dollar cost averaging into the stock market. 

I'm not in your market, but once I had specific properties identified I called around to get quotes for lawn, pest, and internet, and then got average monthly expenses for utilities and added a buffer to get my OpEx.

Will average all deposits over last 12 months to calculate monthly income, and then depending on the type of business, apply an expense ratio. 

Weekly rent averages about $ 175 per week and I provide internet, utilities and a coin-op laundry. 

But if they are moving because of too many maintenance issues, that’s something you can (or at least could have) fixed.Think of it this way: Let’s say your average vacancy is two months between tenants (turnover and time to lease).

Real estate investing is forgiving; the average person can still make money even with some big mistakes.

But it also comes with more risk in terms of evictions and damages - which you can never collect for.But STRs don't have any issues with evictions and damages are typically covered by the STR insurance or sometimes the Property Management company has its own insurance too.The other thing is that, on average, STRs tend to generate more income than LTRs.