In an oversimplified view, revenue of $1,000 and expenses of $1,000 offset to $0 and you made no profit...yet.

It's complicated and not recommended for newer/smaller landlords, but it's a profit center for me.

This not only preserves the value of your investment but also enhances its profitability over time.Also, I'd like to emphasize the importance of understanding the local market dynamics, which will help you make informed decisions about where to buy, what to buy, and at what price.

So I call many "Deferred Specialist" and they finally advise me to do 1031 instead because if the LTV is not less than 50% and the sales proceed are not large enough -- it's not profitable for them to work to manage the Deferred Sales Trust AUM. 

Pretty much the core of the STR business.Higher your rank gets, you can increase your price and be more picky in selecting customers which usually lead to a better review / less party or complaints / less expense and higher profit with a happy life.I know some people will argue, but the ranking system is the truth and should be the only guide to your STR journey. 

OMG, this is an insane profit.

Quote from @Alberto Freites: Quote from @Malgorzata Sadowska: with the current market micro & macro trends, our market is poised to continue to go up for the foreseeable future.But do you think there are opportunities today to generate cash flow, or at least the property pays for itself?

We have a software called EZCare which our cleaners will take post clean pics and it generates a report. 

It's not that challenging to get above a 10% return in real estate with all of the profit levers (cash flow, appreciation, mortgage paydown, tax benefits, leverage)?

Unless a PM company has THOUSANDS of doors, this is not profitable.