I added a basement apartment to the house, redid the landscaping, and have taken care of some deferred maintenance on the house.

In other words, the safety risk must be present for all 30 of those days to justify eviction.

Broke down the doors and stole all of my mechanicals + material on-site (resulting in ~$30K worth of damage)I just had a contractor walkthrough and talk to neighbors and apparently there is now a homeless man who has been sleeping upstairs (he wasn't present, however bedding was present).

It needed love and attention because of all the deferred maintenance.

If the property is fully leased and operating well, like your situation, the numbers might not make sense.A few questions to think about....Deferred maintenance or layout issues: If you already need significant updates, the conversion might be a good opportunity to reconfigure the space.

She'll be presenting a variety of topics and open discussion, with the goal being "Make your STR stand out in a competitive market".What additional topics or specific questions should we be sure to answer that you wish you knew when you started buying STR's? 

However, most new investors make a much lower return and could be upside-down for a long time.Cashing out equity to invest presented much less risk when mortgage rates were 3% and properties were producing better returns.For a green investor, borrowing money so you can borrow money is high-risk.

As you know, there are other communities that behave like investor clubs/networking groups that present themselves as educational platforms, yet they are either operated by deal sponsors/syndicators or have a number of deal sponsors/syndicators that sponsor the website (they may not call them sponsors but preferred vendors or similar).

You are reaching drastically less people than if you had it listed with an agent who knows multifamily and how to present it.

Point is cash flow (positive or negative) can be inconsequential compared to the appreciation assuming you do not need the cash flow to pay the bills - cash flow is taxed, appreciation is tax deferred and can be avoided.I put forth effort to keep my RE investment significantly leveraged.