After a couple of years of treading the path to frugality to build this financial runway, I've networked with the greatest people who made this all happen, of course, it took the strength, determination, time, etc to place myself where I am today but, without the mentorship of my two great mentors whom I wish used BiggerPockets so I can mention, I don't believe I would have made it thus far relying on some whimsical dream that this will all pan out accordingly, thank you for everything Greg and Lashawn.In addition, I would like to thank Bigger Pockets for connecting me with the greatest realtor @Stephen Schmitt Who took my dreams and aspirations to the core when we first connected and spoke about my future goals to replace my W2 job for financial freedom. within three months of me deciding to pull the trigger and get pre-approved, we found this killer cash-cow that apprised over purchase price!!! 

Sounds like they could have different PPP or fees that go along with refinancing with a different lender. 

In our experience that is what carries the day along with the area and the STR restrictions or lack thereof(a whole other conversation) that deems the valuations.Airbnb and VRBO have thought of this and are way ahead of it, we scaled quickly using these platforms for two high end STR that book out great, once we established that, we created a direct book website and are slowly pulling our repeats from that.

Not sure her “design” fee or what was spent on travel. 

From a transactional cost standpoint alone, the fees on the way in and on the way out require significant appreciation to break even.

He pulled out a bunch of breakers, disabling the electricity.

A goal of 40 doors is theoretical and likely just matches the income that you want to get to that ranch, but managing 40 doors, especially when they are broken up into 15-20 properties is a bear for you or for property management fees (especially so if they are not all near each other).

I do like the idea of a check and when she pays closing costs ($515) for the title company and I'll pay attorney fees I'll have her write a check and get a copy of it. 

With IoT monitoring everything I could have theoretically been charged a late check out fee.

Here are some of my takeaways from your budget:Operating Costs: Your STR management fee of 20% is high.