My bridge rate is 10% and results in a $1,500/month PITI payment.The negative cash flow stings but is worth it for the equity.

Negative cashflow adds risk. 

Again, I am sorry that your expecations were not met as I will always try to be honest, straightforward and respectful to all of our guests".It is a shame that one reviewer can hold so much sway, but sometimes the host's response (if done well) to a negative review can actually draw me to a property, rather than dissuade me from booking.

Speaking of DSCR in particular, 80% will likely be your best bet versus 85%.

@Jordyn Ohsnot enough info to helpbut if you're using a HELOC for the down payment AND getting a loan, then you're probably negative cash flow given that's 100% leveragei would never do that unless i were going to refinance in the short term

I'd recommend speaking with her.

If you hit a wall I would speak with an attorney with that specialty.

I haven’t heard any negative feedback from guests when doing this. 

I can't speak to the condo conversion process in your municipality this is something to weigh as well.

I have an idea of an initial investment and returns I would like to hit, but would love to speak with those of actual experience to see if my numbers are realistic.