He's an experienced agent. landlord, he has his own Airbnb house in Covington and he understands that part of NKY really well.

Would love to get a copy of that spreadsheet as well.

You didn't write how much 'sweat equity' you put into this place, but it was likely well worth it given the $400K cash out.  

I'd recommend looking at costs. your build cost is going to be well over other homes because of the fixed costs like slab, Hvac, roof, etc. check the market drivers and weight the benefits of short term versus long term. long term is no furniture and help pays mortgage but at this size it doesn't really cover everything. we didn't find a lot of economies of scale in single family detached. can you build more than one unit?

All fixed fee with out of scope offerings as well.

Please let us know if you find a workaround that works well.

Commercial properties are not evaluated by "comps" (well not exactly) they are evaluated on cash flow.

I certainly think that’s a great option as well.

Having realistic expectations was something I had to accept early on.Property managers are going to be key for your investing as well.

Water from the well has sediments and water forms a yellow lining in toilet.