For a beginner investor, the choice between using maximum leverage or putting more cash upfront to build equity depends on several factors including risk tolerance, financial stability, and long-term investment goals. 

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

Benefits: This strategy is particularly useful for high-income years, as it allows you to defer taxes and increase cash flow by reducing your immediate tax burden.A cost segregation study can be especially beneficial if you plan to hold the property for several years and want to maximize deductions early, but just doing cost seg is not helpful.

There are several STR's on AiR B&B that do not abide this; are they likely operating outside of permits or does the county make exceptions?

Several people have already mentioned some of the reasons:Successfully hitting a target in a high stress situation is very low probability.

Going to repost and remove what they called Self Promotion:Ok, several things to consider but buying the rate down is NOT a way to earn more money for your lender.

Quote from @Karl Kauper: Several weeks ago I posted on BP asking for advice from actual property owners in the Cleveland area (Euclid, specifically) about their experiences with local property managers.

I have several questions - imagine being able to split up property ownership into tiny pieces or having every transaction out there for everyone to see, all secure and tamper-proof.

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

I’m familiar with the area though I live out of state (but lived in Phoenix Scottsdale several years ago).