The kids sure don't.Also, how did you arrive at your rent numbers?

I'd greatly appreciate any advice and more than happy to share additional information if needed. 

Let me know if you'd like further adjustments or additional explanations! 

.- Additionally, you can track income and expenses consistently using software or spreadsheets.If you track everything, you could show a loss and use that to offset other earned income (such as a W2) which will net you a bigger refund.

Some additional details needed:1.

Wanted to revive this post and check to see if anyone else has additional information or input on rental in Cahokia, IL / Cahokia Heights, IL . . .

(The exception would be the rare deal where the property changes hand for a price far below real market value).The sub to or wrap adds a certain degree of ADDITIONAL risk of failure.  

I would never buy a STR if the deal didn´t have either of the following, in addition to making sense as a STR: A. an obvious pivot (LTR, MTR) as my safety net if the market moves against me or B. have some additional RE benefit that would make it a deal using a different strategy ex.

Last night, I heard an inspiring story about a mom who brought her young kids along for a 45-minute drive to tour an investment property.

The tenant base is generally 95% single women with 2 to 5 kids and they flat destroy houses, Not on purpose  most of the time but if you have children all below 10 years old they are just brutual on houses even in the best of situations of which single parent with multiple baby daddys is not the best of circumstances.. full stop.