The rental income can only be used up to the point that it washes out the monthly PITIA (positive net rent cannot be used as income), or underwriters can perform a cash flow analysis of the business over the last two years.

There's got to be commercial options available for STRs that perform better.

Raising a mobile home is a common task that may need to be performed every now and again, depending on the location.

At the start they performed PM duties but sub contracted out construction  and brokerage.

If you do not have someone you can call to perform the work at that estimated cost, it will be a struggle to meet your budget. 

I joined for a number of reasons; education being a small part but gaining access to a well established network of like-minded, high performers in the multifamily world was far more important to me. 

Track your deal performance on a spreadsheet.

Like @JD Martin said if you have the right language the seller must perform and close.

The signs could be falling rental prices, high vacancy rates, falling house sales, or high mortgage rates.Although investing in real estate is generally a “buy and hold” strategy, sometimes it makes sense to sell rental properties if they perform poorly.4.

Even if I were to collect the late fees it doest’t materially alter my properties performance and my tenants appreciate the flexibility in the very rare circumstances where they are late.