My initial plan is to live in one unit of the first property and rent out the remaining three.

Sounds like the cashflow is decent to me.... the tax benefits might be more beneficial to you, and appreciation, and the guests are paying your mortgage down hedging inflation... etc, etc, etc.

And one thing I think you’d need to add to your analysis is the total return on retaining the property — that is, the equity appreciation too.If you buy a CD, when it matures you get back the nominal principal but inflation has eroded its real value in the meantime.

I have everything and all legit charges, but at this point I just need her to send me a forwarding address so I can send her the remaining funds. 

Or price inflation could run double digits. 

However, I offered to accept an alteration for 9 nights (2 nights fewer than original booking), which would have been roughly 50% refund.Message between me (M) and guest (G): - G: shares Airbnb's cancellation policy after check-in: a 50% refund of every night that remains 24 hours after you cancel.

In this scenario, the tenant remains liable for their portion. 

And the pace of homes being built is too far below what we need to keep pace let alone catch up to where its only going to get worse.And that is going to drive up inflation big time.

I can cover the negative cash flow for the remaining mortgage term and may look at paying it off early.

My issue with Bako is that the cheap houses are in pretty rough areas, and are likely to remain cheap.