But that’s how I would expect it to play out. 

@Tara JosbergerCharleston is a strong market for real estate, but local regulations play a big role in investment strategy.

I ended up getting the listing as an agent, but only after I exhausted all possibilities of a cash sale to one of my best investors/partners.  

Yes, having tenants pay ACH via a Tenant Portal software is best, but not all will cooperate and some will play games that result in NSF charges.We allow tenants to deposit cash/check/money order directly at our bank into our account.Many Class C & D tenants have challenges adapting to unfamiliar ways to pay and is often not worth the hassle (and possible evictions) to get them to change:(

This is in an effort to let the investment play out and try to minimize their loss. 

In more than half the country you don’t even bother with cash for keys because evictions are simple, fast and cheap.The part of the system that’s broken if you’re doing “a lot” of evictions is your screening.

The Wow ShotWhy it works: Features the unique element that will catch guests’ attention.How to nail it: Highlight a hot tub, pool, view, or quirky design feature.Example: This listingAI’s Role in Airbnb RankingsAirbnb uses AI to analyze listings and prioritize them in categories like "Cabins," "Amazing Views," or "Play."

Quote from @Marc Zak: In the market where I live (San Diego), appreciation has been strong and many predict it will continue to appreciate in the long term.However, with current interest rates (6% at best) and property tax (2%), the annual cost burden is 8%.Am I correct in saying that appreciation has to be above 8% annually (plus whatever my maintenance and vacancy costs are) for me to make any money in this scenario if the property is cash flow neutral?

I suggest 6 months of expenses to keep in cash.

Use the funds to buy 1 -2 LTR rentals cash or use a loan and get 3 - 5 LTR's.