We were going to stay here but someone rented it for a week that was displaced from another STR that had damage. 

I know this is not going to be immediate...I will be making mistakes, I just want to minimize the damage of those mistakes!

They always pretend to be confused and just want us to send someone.7) Some will cause damages that S8 won't require to be fixed, but will threaten to move if you don't fix it.

SUBSTANTIALLY.I highly recommend tapping into your equity and accumulating some more assets at these prices, you will thank yourself in 3 years.The best and most cost effective way to do so is a simple cash out refinance, I don't think you should touch your primary, but leverage your investments for sure.

Quote from @Gregory Wilson: My post was supposed to address the cost of borrowing money.If you borrow $100,000 of your primary home equity at 7% and then invest it in a property that earns a 12% return, you effectively make a 5% return (12% income - 7% expense).

However, if the lock issue was caused by misuse or accidental damage on the tenant’s part, then the tenant might be responsible for the expense.It’s always best to review the lease agreement first to see if there’s specific language about repairs or locksmith services.

No damage to the condo and power is on, but no city water. 

At least more cost effective than SFH.

I have some light flexibility, especially if they rarely ask for changes, but I always make sure someone goes the day off to mitigate any damage or problems that may have arisen. 

Keep the money in a market, hopefully doing better than the interest they are charging on a LOC, I get to deduct interest against my rental property bringing the effective rate down and they turn around and and make money on my $$.