Congrats on diving head first into STRs. 

Far too many taxpayers draw up their tax return in their head without a real plan.

Im based in NY so even if month to month if she's been there 18 months I would have to give her 60 or 90 (cant remember off top of head) notice to vacate unless she doesn't pay. 

Required distros for tax consequence.At the same time I kinda snicker a bit since the buyer... the investor... thinks they found the next Apple or Tesla investment (and they are clearly the smartest in the room), and then go off the rails when it all goes south, I can't help but shake my head and have a small giggle.A fool and their money soon go separate ways, Yes, but don't you wonder how they got together in the first place?

So here is what it boils down to: If you want to live a life of the 2%, then get your head wrapped around ignoring the chatter of the 98%....... 

I don't think I have an exact formula for this but its math I find myself crunching in my head a lot.

You have experience with good performance results (I am assuming) so that could help drive approval on a DSCR loan.Also, you could just keep saving and waiting for the interest rates to head back down.

Ultimately, I'd like to have 3-5 paid for properties heading into retirement at 65.

Have them in writing, not just in your head.

Regardless of what the talking heads are saying, the U.S. is in a recession.